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Honworld Group Limited Capital/Financing Update 2014

Feb 20, 2014

50459_rns_2014-02-20_a02307e5-53c8-44ce-a762-a84c3928cdbd.pdf

Capital/Financing Update

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Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those defined in the prospectus dated January 16, 2014 (the ‘‘Prospectus’’) issued by Honworld Group Limited (the ‘‘Company’’).

The Company makes this announcement pursuant to section 9(2) of the Securities and Futures (Price Stabilizing) Rules (Chapter 571W of the Laws of Hong Kong) (the ‘‘Stabilizing Rules’’) and this announcement is for information purposes only and does not constitute an offer or an invitation by any person to acquire, purchase or subscribe for securities of the Company.

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) and Hong Kong Securities Clearing Company Limited (‘‘HKSCC’’) 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 is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia). This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the ‘‘U.S. Securities Act’’). The securities may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the U.S. Securities Act. There will be no public offer of securities in the United States.

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Honworld Group Limited

老 恒 和 釀 造 有 限 公 司[*]

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2226)

STABILIZING ACTIONS AND END OF STABILIZATION PERIOD

The Company announces that the stabilization period in connection with the Global Offering ended on February 20, 2014.

The stabilizing actions undertaken by Macquarie Capital Securities Limited, the Stabilizing Manager, during the stabilization period involved:

  1. over-allocations of an aggregate of 18,750,000 Shares in the International Offering;

  2. the borrowing of an aggregate of 18,750,000 Shares by the Stabilizing Manager from Key Shine Global Holdings Limited to cover over-allocations in the International Offering; and

  • For identification purposes only

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  1. the full exercise of the Over-allotment Option by the Sole Global Coordinator on behalf of the International Underwriters on February 13, 2014 in respect of an aggregate of 18,750,000 Shares at the Offer Price per Share to facilitate the return to Key Shine Global Holdings Limited of 18,750,000 borrowed Shares which were used to cover over-allocations in the International Offering.

The Company makes this announcement pursuant to section 9(2) of the Stabilizing Rules and announces that the stabilization period in connection with the Global Offering ended on February 20, 2014, being the 30th day after the last day for the lodging of applications under the Hong Kong Public Offering.

The stabilizing actions undertaken by Macquarie Capital Securities Limited, the Stabilizing Manager, during the stabilization period involved:

  1. over-allocations of an aggregate of 18,750,000 Shares in the International Offering, representing 15% of the Offer Shares initially available under the Global Offering before any exercise of the Over-allotment Option;

  2. the borrowing of an aggregate of 18,750,000 Shares by the Stabilizing Manager from Key Shine Global Holdings Limited pursuant to the stock borrowing agreement dated January 22, 2014 entered into between Key Shine Global Holdings Limited and the Stabilizing Manager to cover over-allocations in the International Offering. Such number of Shares have been returned and redelivered to Key Shine Global Holdings Limited in accordance with the terms of such stock borrowing agreement; and

  3. the full exercise of the Over-allotment Option by the Sole Global Coordinator on behalf of the International Underwriters on February 13, 2014 in respect of an aggregate of 18,750,000 Shares (the ‘‘Over-allotment Shares’’), representing 15% of the Offer Shares initially available under the Global Offering before any exercise of the Over-allotment Option, to facilitate the return to Key Shine Global Holdings Limited of 18,750,000 borrowed Shares which were used to cover overallocations in the International Offering. The Over-allotment Shares were allotted and issued by the Company at HK$7.15 per Share (exclusive of brokerage fee of 1.0%, SFC transaction levy of 0.003% and Stock Exchange trading fee of 0.005%), being the Offer Price per Share under the Global Offering. Details of the exercise of the Over-allotment Option are more particularly disclosed in the announcement of the Company dated February 14, 2014.

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The Company continues to comply with the public float requirements under Rule 8.08(1)(a) of the Listing Rules. No new Shares or securities convertible into equity securities of the Company may be issued within six months from the Listing Date save for the situations set out in Rule 10.08 of the Listing Rules.

By order of the board of directors of Honworld Group Limited Chen Weizhong Chairman

Hong Kong, February 20, 2014

As at the date of this announcement, the executive Directors of the Company are Chen Weizhong, Sheng Mingjian and Wang Chao; and the non-executive Director is Zhang Bihong; and the independent non-executive Directors are Shen Zhenchang, Lei Jiasu and Ma Chaosong.

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