Hengxin Technology Ltd. — Major Shareholding Notification 2011

May 18, 2011

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)

OVERSEAS REGULATORY ANNOUNCEMENT

This overseas regulatory announcement is issued pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached notice on the next page in relation to the notice of cessation of substantial shareholding and which has been published by the Company on the website of the SGX-ST on 18 May 2011.

On behalf of the Board Hengxin Technology Ltd. Cui Genxiang Executive Chairman

Hong Kong, 18 May 2011

As at the date of this announcement, the executive Directors of the Company are Mr. Cui Genxiang and Dr. Song Haiyan; the non-executive Director of the Company is Ms. Zhang Zhong; and the independent non-executive Directors are Mr. Tay Ah Kong Bernard, Mr. Chee Teck Kwong Patrick and Mr. Tam Chi Kwan Michael.

• For identification purpose only

Page 1 of 2

NOTICE OF INTEREST/CHANGES IN INTEREST

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Notice of Cessation Of Substantial Shareholding *

* Asterisks denote mandatory information
Name of Announcer *	HENGXIN TECHNOLOGY LTD.
Company Registration No.	200414927H
Announcement submitted on behalf of	HENGXIN TECHNOLOGY LTD.
Announcement is submitted with respect to *	HENGXIN TECHNOLOGY LTD.
Announcement is submitted by *	CUI GENXIANG
Designation *	Executive Chairman
Date & Time of Broadcast	18-May-2011 18:26:01
Announcement No.	00093

Announcement Details The details of the announcement start here ...

PART I [Please complete this part] 1. Date of notice to issuer * 18-05-2011 2. Name of Substantial Shareholder * Ji Xiao Bo

1. Please tick one or more appropriate box(es): *

   • Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]

PART II

1. Date of change of [Select Option] 2. Name of Registered Holder 3. Circumstance(s) giving rise to the interest or change [Select Option] in interest # Please specify details 4. Information relating to shares held in the name of the Registered Holder No. of [Select Option] held before the change As a percentage of issued share capital % No. of N.A. which are subject of this notice As a percentage of issued share capital % Amount of consideration (excluding brokerage and stamp duties) per share paid or received No. of N.A. held after the change As a percentage of issued share capital % >> PART III 1. Date of change of Interest 13-05-2011 2. The change in the percentage level From 5.15 % To 0 % 3. Circumstance(s) giving rise to the interest or change Sales in Open Market at Own Discretion in interest # Please specify details

https://www1.sgxnet.sgx.com/sgxnet/LCAnncSubmission.nsf/vwprint/90FD0EF8CB0... 18/05/2011

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NOTICE OF INTEREST/CHANGES IN INTEREST

1. A statement of whether the change in the percentage The change in the percentage level is the result of a series of transactions. level is the result of a transaction or a series of transactions:

>> PART IV

1. Holdings of Substantial Shareholder , including direct and deemed interest :

Direct Deemed No. of shares held before the change 0 20000000 As a percentage of issued share capital 0 % 5.15 % No. of shares held after the change 0 0 As a percentage of issued share capital 0 % 0 %

Footnotes The percentages of shares after the change are computed based on 388,000,000 issued shares as at 16 May 2011.

This announcement will be released on the website of the SEHK as an Overseas Regulatory Announcement pursuant to Rule 13.09 (2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

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