PegBio Co., Ltd. — Capital/Financing Update 2019

Mar 18, 2019

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 [218 x 43] intentionally omitted <==

CMBC CAPITAL HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 1141)

VOLUNTARY ANNOUNCEMENT

COMPLETION OF REDEMPTION OF SHARES IN SEGREGATED PORTFOLIO

This announcement is made by CMBC Capital Holdings Limited (the “ Company ”) on a voluntary basis.

Reference is made to the announcements dated 15 March 2018 and 16 March 2018 (collectively, the “ Announcements ”) and the circular dated 25 May 2018 of the Company (the “ Circular ”) in relation to the subscription of Class A shares in the Segregated Portfolio of the Segregated Portfolio Company by the Company. Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as those defined in the Announcements and the Circular.

As disclosed in the Announcements and the Circular, the Segregated Portfolio shall end at the earlier of (i) twelve (12) months from the drawdown date of the Loan; and (ii) when the outstanding Loan and any interest payable thereunder are fully paid by the Borrower to the Segregated Portfolio Company in accordance with the PPM. The Segregated Portfolio Company shall redeem all Class A shares held by the Company upon expiry of the term.

– 1 –

The Company hereby announces that as of the date of this announcement, it was notified by the Segregated Portfolio Company that the Borrower had fully repaid the loan principal and accrued interest under the Loan Agreement to the Segregated Portfolio Company. As a result, the Company has received full amount of the cash dividends distributable in accordance with the PPM, and all Class A shares held by the Company has been redeemed. Immediately following the redemption, the Company ceases to hold any Class A shares in the Segregated Portfolio.

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

Hong Kong, 18 March 2019

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.

– 2 –