Mao Geping Cosmetics Co., Ltd. — M&A Activity 2017

Oct 6, 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.

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GREAT WALL PAN ASIA HOLDINGS LIMITED ( 長城環亞控股有限公司 )*

(Incorporated in Bermuda with limited liability)

(Stock Code: 583)

COMPLETION OF DISCLOSEABLE AND CONNECTED TRANSACTIONS IN RELATION TO THE ACQUISITIONS OF THE TARGET GROUP

References are made to the announcement of Great Wall Pan Asia Holdings Limited (the “ Company ”) dated 19 May 2017 and the circular of the Company dated 30 June 2017 (the “ Circular ”) in relation to, among other things, the Acquisitions. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that all the conditions precedent under the Acquisition Agreements have been fulfilled and completion of the Acquisitions took place on 6 October 2017 in accordance with the terms and conditions of the Acquisition Agreements.

Immediately after completion of the Acquisitions, each of the First Target Company and the Second Target Company becomes an indirect wholly-owned subsidiary of the Company and the financial results of the Target Group will be consolidated into the financial statements of the Group.

The Board believes that the Acquisitions constitute an important step of the Group towards the diversification of its business and will enhance the Group’s revenue sources, profitability and long-term growth potential. The Enlarged Group will continue to adhere to its business strategies and deepen its revenue sources.

By Order of the Board Great Wall Pan Asia Holdings Limited OU Peng Chairman

Hong Kong, 6 October 2017

As at the date of this announcement, the Board consists of Mr. Ou Peng and Mr. Meng Xuefeng as executive Directors of the Company, Mr. Huang Hu and Ms. Lv Jia as non-executive Directors of the Company, and Dr. Song Ming, Dr. Sun Mingchun and Mr. Woo Chin Wan as independent non-executive Directors of the Company.

• For identification purpose only