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PegBio Co., Ltd. Capital/Financing Update 2018

Jan 22, 2018

50676_rns_2018-01-22_de7faac0-e2ad-4b2e-9bf5-3a99e8eaf0fb.pdf

Capital/Financing Update

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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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CMBC Capital Holdings Limited

(Incorporated in Bermuda with limited liability)

(Stock Code: 1141)

SUPPLEMENTAL ANNOUNCEMENT CHANGE OF INVESTMENT FUNDS AND REDEMPTION

This announcement is made by CMBC Capital Holdings Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) on a voluntary basis. References are made to the announcements (the “ Announcements ”) of the Company dated 17 August 2017 and 8 December 2017 in relation to the subscriptions of the PIMCO Funds. Unless otherwise defined, capitalised terms used in this announcement have the same meanings as defined in the Announcements.

As disclosed in the Announcements, as part of the Group’s investment portfolio comprised in the Group’s investment and financing segment, immediately prior to Change of Investments Funds and the Redemption, the Group was holding, inter alia, the Income Fund in the amount of US$28 million and the Securities Fund in the amount of US$10 million.

On 17 January 2018, PIMCO Funds, through the Administrator, has confirmed with the Company that (i) the Income Fund held by the Company with the amount of US$5 million has been redeemed (the “ Redemption ”); (ii) the Income Fund held by the Company with the amount of US$10 million has been changed to the investment in the Securities Fund, by redeeming the Income Fund at the amount of US$10 million and subscribing the Securities Fund at the subscription amount of US$10 million (the “ First Change of Investment Funds ”). On 18 January 2018, PIMCO Funds, through the Administrator, further confirmed with the Company that the Income Fund held by the Company with the amount of US$13 million has been changed to the investment in the Securities Fund, by redeeming the Income Fund at the amount of US$13 million and subscribing the Securities Fund at the subscription amount of US$13 million (the “ Second Change of Investment Funds ”, together with the First Change of Investment Funds, the “ Change of Investment Funds ”). Upon completion of

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the Redemption and Change of Investment Funds, the Company will (i) cease to hold any Income Fund; and (ii) hold the Securities Fund with the amount of US$33 million.

For details of the principal terms of the Securities Fund, please refer to the Announcements.

The Change of Investments Funds and the Redemption are carried out with a view to optimise the investment portfolio of the Group, by increasing the investments in funds with better expected performance, whilst without making additional capital commitment. The Company currently intends to hold the Securities Fund for short term trading.

By order of the Board CMBC Capital Holdings Limited Li Jinze Chairman

Hong Kong, 18 January 2018

As at the date of this announcement, the executive Directors are Mr. Li Jinze, Mr. Ding Zhisuo and Mr. Ng Hoi Kam, the non-executive Directors are Mr. Ren Hailong and Mr. Liao Zhaohui, and the independent non-executive Directors are Mr. Lee, Cheuk Yin Dannis, Mr. Wu Bin and Mr. Wang Lihua.

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