Jinke Smart Services Group Co., Ltd. — Capital/Financing Update 2021

Aug 17, 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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Jinke Smart Services Group Co., Ltd. 金科智慧服務集團股份有限公司

(a joint stock company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 9666)

INSIDE INFORMATION APPLICATION FOR THE H SHARE FULL CIRCULATION PROGRAMME MADE BY THE COMPANY APPROVED BY THE CSRC

This announcement is made by Jinke Smart Services Group Co., Ltd. (the “ Company ”) under Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) (the “ Listing Rules ”) and the Inside Information Provisions of Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the “ Inside Information Provisions ”).

Reference is made to the announcement of the Company dated 15 January 2021 in relation to the acceptance by the China Securities Regulatory Commission (the “ CSRC ”) of the Company’s application for the H share full circulation programme. The Company is pleased to announce that on 17 August 2021, the Company received the formal approval from the CSRC in relation to the H share full circulation programme of the Company (the “ Approval ”), pursuant to which the holders of the domestic shares of the Company (the “ Domestic Unlisted Shares ”) were approved to convert up to an aggregate of 500,000,000 Domestic Unlisted Shares into overseas listed shares of the Company for listing on the Stock Exchange (the “ Conversion and Listing ”). The Approval is valid for 12 months from 16 August 2021.

In addition, the Company received on 9 July 2021 the explanation and undertaking letter issued by Jinke Property Group Co., Ltd. (“ Jinke Property ”, Shenzhen Stock Exchange stock code: 000656), the controlling shareholder of the Company, to the CSRC regarding the Conversion and Listing in respect of the Domestic Unlisted Shares held by Jinke Property. According to such explanation and undertaking letter, Jinke Property currently has no plan to conduct any equity pledge financing or reduction of its holding of Domestic Unlisted Shares following the Conversion and Listing. If Jinke Property needs to conduct share reduction or share pledge financing in the future, it shall strictly comply with the relevant provisions of the Listing Rules and the relevant laws and regulations of the PRC and Hong Kong. Subject to the austerity policies on the real estate industry in China, Jinke Property undertakes not to use the funds obtained from equity pledge financing and share reduction for real estate development business.

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As at the date of this announcement, the details of the implementation plan of the Conversion and Listing have not been finalised and the trading of the overseas listed shares of the Company to be converted from the Domestic Unlisted Shares is subject to the obtaining of all relevant approvals (including but not limited to the approval from the Stock Exchange, completion of all relevant procedures such as registration of the cancellation of the Domestic Unlisted Shares and registration of the overseas listed shares of the Company to be converted from the Domestic Unlisted Shares, deposit and settlement of transactions with China Securities Depository and Clearing Corporation Limited) and the compliance with all applicable laws and regulations. The Company will make further announcements on the progress of the Conversion and Listing in accordance with the Listing Rules.

The Conversion and Listing is still subject to the performance of other relevant procedures required by the CSRC, the Stock Exchange and other domestic and foreign regulatory authorities. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board Jinke Smart Services Group Co., Ltd. Xia Shaofei Chairman

Chongqing, 17 August 2021

As at the date of this announcement, the Board comprises Mr. Xia Shaofei, Mr. Luo Chuansong and Mr. Xu Guofu as executive Directors, Mr. Luo Licheng, Mr. Liang Zhongtai and Mr. Li Nan as non-executive Directors, and Mr. Cao Guohua, Ms. Yuan Lin and Mr. Chan Chi Fung Leo as independent non-executive Directors.

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