Prosper Construction Holdings Limited — Capital/Financing Update 2021

Jan 13, 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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瑞 港 建 設 控 股 有 限 公 司 PROSPER CONSTRUCTION HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6816)

COMPLETION OF MAJOR TRANSACTION IN RELATION TO THE ACQUISITION OF 34.00% EQUITY INTEREST IN QINGDAO HONGHAI CURTAIN WALL CO., LTD.*

References are made to the announcements of Prosper Construction Holdings Limited (the ‘‘Company’’) dated 22 September 2020, 16 November 2020, 1 December 2020, 3 December 2020 and the circular of the Company dated 18 December 2020 (the ‘‘Circular’’), in respect of, among other matters, the acquisition of 34.00% equity interest in Qingdao Honghai Curtain Wall Co., Ltd.* at a consideration of RMB49,898,000 (the ‘‘Acquisition’’). Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Circular.

COMPLETION OF THE ACQUISITION

The Board is pleased to announce that all the conditions precedent in respect of the Acquisition as set out in the Sale and Purchase Agreement have been satisfied and Completion took place on 13 January 2021.

Upon Completion, the Target Company has become an indirect non-wholly owned subsidiary of the Company and the financial results, assets and liabilities of the Target Group will be consolidated into the accounts of the Group.

English translation of names in Chinese which is marked with ‘‘*’’ in this announcement is for identification purposes only.

By order of the Board

Prosper Construction Holdings Limited DING Hongbin Executive Director

Hong Kong, 13 January 2021

As at the date of this announcement, the Board comprised executive Directors Mr. CUI Qi, Mr. DING Hongbin, Mr. YANG Zhenshan, Mr. JIANG Shuang and Mr. YANG Honghai; non-executive Director Mr. WANG Xuejun (chairman of the Board); and independent non-executive Directors Mr. CHEUNG Chi Man Dennis, Mr. WANG Yaping and Mr. CHENG Xuezhan.