Honbridge Holdings Limited — Earnings Release 2021

May 3, 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.

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HONBRIDGE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability) (Stock code: 8137)

POSITIVE PROFIT ALERT

This announcement is made by Honbridge Holdings Limited (the “ Company ”) and its subsidiaries (collectively, the “ Group ”) pursuant to Rule 17.10 of the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited (the “ GEM Listing Rules ”) and the Inside Information Provisions (as defined in the Listing Rules) of Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong) (the “ SFO ”).

The board of directors (the “ Board ”) of the Company wishes to inform the shareholders of the Company and potential investors that, based on the currently available information which includes, but without limitation to, the unaudited management accounts of the Group, because of the strong growth in lithium-ion batteries sales, the revenue of the Group for the three months ended 31 March 2021 (“ First Quarter of 2021 ”) is expected to be approximately HK$94.0 million, representing over 160% increase when compared to the HK$35.2 million revenue for the three months ended 31 March 2020 (“ First Quarter of 2020 ”). Meanwhile, as compared to the approximately HK$68.0 million loss attributable to owners of the Company for the First Quarter of 2020, the Company is expected to record a profit attributable to owners of the Company for the First Quarter of 2021. The turnaround from loss to profit was mainly attributable to (1) the increased in share price of a financial asset at fair value through profit or loss during the First Quarter of 2021, generated approximately HK$109 million other operating income; (2) HK$45.4 million gain on disposal of a financial asset at fair value through profit or loss and (3) increase in gross profit.

As the Company is still in the process of finalising the consolidated financial results of the Group for the First Quarter of 2021 (the “ 2021 First Quarterly Results ”), the information contained in this announcement is based on a preliminary assessment made by the management of the Company with reference to the information most currently available including the Group’s latest consolidated management accounts, and such information or figures have not been reviewed or audited by the auditors of the Group nor approved by the Audit Committee and the actual results of the Group for the the First Quarter of 2021 may differ from the information disclosed herein. Shareholders and potential investors are advised to read carefully the announcement to the 2021 First Quarterly Results which is scheduled to be published on 11 May 2021.

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

By Order of the Board Honbridge Holdings Limited YEUNG Ho Ming Company Secretary

Hong Kong, 3 May 2021

As at the date of this announcement, the Board comprises Mr. He Xuechu, Mr. Liu Jian and Mr. Liu Wei, William as executive directors; Mr. Ang Siu Lun, Lawrence and Mr. Yan Weimin as non-executive directors and Mr. Chan Chun Wai, Tony, Mr. Ma Gang and Mr. Ha Chun as independent non-executive directors.

This announcement, for which the Directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication and on the website of the Company at www.8137.hk.