Honworld Group Limited — Major Shareholding Notification 2019

Jun 19, 2019

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Public Disclosure Form

18 June 2019

Possible mandatory general offer

Disclosure of dealings in the shares of Honworld Group Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Arrangements as required by Note 8 to Rule 22 are as follows
Key Shine Global Holdings	On 4 April 2019, pursuant to a share mortgage deed dated 2 April 2019 (the "Deed"), Key Shine Global Holdings Limited ("Key
Limited	Shine"), a company wholly and beneficially owned by Chen Weizhong, charged 229,424,000 shares of Honworld Group Limited
	("Shares") in favour of Wuxing City Investment HK Company Limited. On 9 April 2019, pursuant to a deed of partial release and
	a deed of release, CCB International Overseas Limited released (the "Release") the charge over a total of 229,424,000 Shares
	held by Key Shine. After the said charge and the Release, Key Shine is interested in a total of283,018,750Shares, consisting
	of 229,424,000 Shares charged under the Deed in favour of Wuxing City Investment HK Company Limited, 52,000,000 Shares
	continuously charged in favour of CCB International Overseas Limited, and1,594,750Shares held as beneficial owner.

End

Note:

Key Shine is a Class (6) associate of the Offeree company by virtue of its holdings of ordinary shares in the Offeree company. Dealings were made for its own account.

Key Shine is ultimately owned by Chen Weizhong.

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Public Disclosure Form

This revised form received by the Executive on 18 June 2019.