Honghua Group Limited

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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宏華集團有限公司

(a company incorporated in the Cayman Islands with limited liability) (Stock Code: 196)

Termination of the Jianhong Subscription Agreement and

the Supplemental Agreement

Reference is made to the announcement of Honghua Group Limited (the “ Company ”) dated 31 March 2017 (the “ Announcement ”), in relation to, among other things, the Jianhong Subscription Agreement, the Supplemental Agreement and the issue of new Shares under Specific Mandates. Unless otherwise specified, capitalised terms used in this announcement shall have the same meanings as defined in the Announcement.

As disclosed in the Announcement, under the Supplemental Agreement, the Company agreed not to exercise its right to terminate the Jianhong Subscription Agreement until 26 April 2017, provided that Jianhong provides the Company with satisfactory funding plans.

From the date of signing of the Supplemental Agreement to this date, as Jianhong has not been able to provide the Company with satisfactory funding plans, upon the consideration and approval of the board of directors of the Company, the Company terminated the Jianhong Subscription Agreement and the Supplemental Agreement on 11 April 2017.

By order of the Board of