Hunlicar Group Limited — M&A Activity 2017

Dec 4, 2017

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.

==> picture [363 x 59] intentionally omitted <==

(Incorporated in the Cayman Islands with limited liability) (Stock code: 3638)

EXPIRATION OF THE DUE DILIGENCE PERIOD AND THE EXCLUSIVITY PERIOD IN RESPECT OF THE PROSPOSED ACQUISITION

This announcement is made pursuant to the Inside Information Provisions (as defined in the Rules (the “ Listing Rules ”) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”)) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09(2)(a) of the Listing Rules.

Reference is made to the announcements of Huabang Financial Holdings Limited (the “ Company ”) dated 4 September 2017 and 20 October 2017 (collectively, the “ Announcements ”) in relation to the Proposed Acquisition. Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

The Board wishes to inform the Shareholders of the Company and potential investors that no legally binding agreement has been entered into by the Company with the Seller in respect of the Proposed Acquisition as at the date of this announcement and the due diligence period and the exclusivity period ends on 26 November 2017 at 23:59 p.m. (Israel time). Notwithstanding the expiry of the due diligence period and the exclusivity period, the commercial negotiations between the Company and the Seller in relation to the Proposed Acquisition is still ongoing and the Proposed Acquisition may or may not materialise.

Shareholders and potential investors of the Company are advised to exercise extreme caution when dealing in the shares of the Company. The Company will make further announcement(s) in respect of the Proposed Acquisition as and when appropriate in compliance with the Listing Rules.

By order of the Board Huabang Financial Holdings Limited George Lu Chairman & Chief Executive Officer

Hong Kong, 4 December 2017

• 1 -

As at the date of this announcement, the executive Directors of the Company are Mr. George Lu, Mr. Lau Wan Po, Mr. Pang Chung Fai Benny and Ms. Lau Wing Sze; and the independent non-executive Directors of the Company are Mr. Loo Hong Shing, Vincent, Mr. Shin Yick Fabian, Mr. Mu Binrui and Mr. Lam Allan Loc.

• 2 -