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Rego Interactive Co., Ltd Capital/Financing Update 2021

May 31, 2021

50588_rns_2021-05-31_2d8290a1-3bbe-4976-8441-66cc78023c3a.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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(a joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 1065)

SUPPLEMENTAL ANNOUNCEMENT CONNECTED TRANSACTION IN RELATION TO PROVISION OF ENTRUSTED LOAN TO HBGJTC

Reference is made to the announcement of Tianjin Capital Environmental Protection Group Company Limited (the “ Company ”) dated 25 May 2021 (the “ Announcement ”) in relation to the connected transaction in respect of the provision of the Entrusted Loan to HBGJTC. Unless the context otherwise requires, terms used in this announcement shall have the same meanings as those defined in the Announcement.

The purpose of this announcement is to provide supplemental information regarding the identity and information of the ultimate beneficial owners of HBGJTC and the interest rate of the Entrusted Loan under the Entrusted Loan Agreement.

INFORMATION ON HBGJTC

As of the date of this announcement, the Company directly holds 59% equity interest in HBGJTC, and Hebei Guokong directly holds 30% equity interest in HBGJTC. Tianjin Infrastructure Construction, the ultimate holding company of the Company, holds 40% equity interest in Hebei Guokong. The ultimate beneficial owner of Tianjin Infrastructure Construction is the State-owned Assets Supervision and Administration Commission of Tianjin Municipal People’s Government.

As of the date of this announcement, Hebei State-owned Assets Holding and Operation Co., Ltd.* (河北省國有資產控股運營有限公司) holds 60% equity interest in Hebei Guokong. The business scope of Hebei State-owned Assets Holding and Operation Co., Ltd.* (河北省國有資產控股運營 有限公司) includes, subject to the approval of the provincial government, the management of the assets of the enterprises funded by it and the enterprises under its custody, the receipt, management and disposal of non-performing assets of provincial state-owned enterprises; external investment; investment consulting, corporate management consulting and financial consulting; project planning; property development and operation; and entrusted leasing of property. The ultimate beneficial owner of Hebei State-owned Assets Holding and Operation Co., Ltd.* (河北省國有資 產控股運營有限公司) is the State-owned Assets Supervision and Administration Commission of Hebei Province.

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As of the date of this announcement, Shijiazhuang Gaocheng Construction Investment Co., Ltd.* (石家莊市槁城區建設投資有限公司) (“ SGCI ”) holds 9% equity interest in HBGJTC. SGCI is principally engaged in investment and management of projects such as new rural construction, rural habitat environment, rural road network, overall town construction, public infrastructure construction, shantytown reconstruction, irrigation construction, comprehensive agricultural development, collective land acquisition, old city reconstruction, resettlement compensation, property acquisition, preliminary development of land, property development and resettlement housing construction; enterprise management services; housing and space rental; construction and operation services of information technology infrastructure; big data processing and storage services; information technology services; information; system integration services; research and development, sales, technical consulting, technical services and technology transfer of computer software and hardware, communication equipment, security products and information equipment; and telecom value-added services, etc. The ultimate beneficial owner of SGCI is the State-owned Assets Management Office of Gaocheng District, Shijiazhuang.

As of the date of this announcement, Shijiazhuang Gaocheng Economic Development Zone Zhengtong Construction & Development Co., Ltd.* (石家莊槁城經濟開發區政通建設開發有 限公司) (“ SGEZTC ”) holds 1% equity interest in HBGJTC. SGEZTC is principally engaged in infrastructure and municipal engineering construction, property development and operation, building demolition (excluding blasting), property services, engineering project management and information consultation, domestic advertising design, production, agency and publication; conference and exhibition services; sales of construction materials; and construction of water treatment center upgrade and renovation projects, etc. The ultimate beneficial owner of SGEZTC is the State-owned Assets Management Office of Gaocheng District, Shijiazhuang.

As of the date of this announcement, China Construction Third Bureau No. 3 Construction Engineering Co., Ltd.* (中建三局第三建設工程有限責任公司) (“ CCTB3C ”) holds 0.9% equity interest in HBGJTC. The ultimate holding companies of CCTB3C are China State Construction Engineering Corporation and China Investment Corporation. China State Construction Engineering Corporation is principally engaged in the operation of state-owned assets within the scope of authorization of the State Council, survey, design, construction, installation and consultation of domestic and overseas civil and construction projects; property operation; decoration projects; sculpture and mural business; undertaking national foreign economic assistance projects; contracting foreign investment projects in the PRC, establishing non-trade enterprises overseas, using foreign resources, capital and technology to carry out labor cooperation in the PRC, export of equipment and materials required for foreign projects; production and operation of construction materials and other non-metallic mineral products, metal products for construction, tools, construction machinery and drilling machinery; import and export of goods, agent of import and export; project investments; real estate development; engineering survey and design; construction project management; technical consulting and technical services; and property management, etc. Its ultimate beneficial owner is the State-owned Assets Supervision and Administration Commission of the State Council of the PRC. China Investment Corporation is a wholly state-owned company established with approval from the State Council of the PRC, and its ultimate beneficial owner is the State Council of the PRC. It is principally engaged in investment in foreign currency financial products such as foreign currency bonds in the PRC; investment in overseas bonds, stocks, funds, derivative financial instruments and other financial products; domestic and overseas equity investment; foreign entrusted investment; loans through entrusted financial institutions; entrusted management of foreign exchange assets; promotion and establishment of equity investment funds and fund management companies, etc.

As of the date of this announcement, Tianjin Municipal Engineering Design & Research Institute* (天津市政工程設計研究總院有限公司) (“ TMEDI ”) holds 0.1% equity interest in HBGJTC. The ultimate holding company of TMEDI is Tianjin Guoxing Capital Operation Co., Ltd.* (天津國興 資本運營有限公司) which is mainly engaged in the operation and management of state-owned property (equity) and related consulting services. Its ultimate beneficial owner is the State-owned Assets Supervision and Administration Commission of Tianjin Municipal.

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SUPPLEMENTAL INFORMATION ON THE INTEREST RATE OF THE ENTRUSTED LOAN UNDER THE ENTRUSTED LOAN AGREEMENT

As mentioned in the Announcement, the interest rate of the Entrusted Loan under the Entrusted Loan Agreement is determined according to the loan prime rate for one-year loans published by the National Interbank Funding Center on the 20th day of each month on the day before the drawdown date of each loan plus 115 basis points (one basis point = 0.01%). According to the loan prime rate (LPR) announcement issued by the National Interbank Funding Center on 20 May 2021, the loan prime rate (LPR) for one-year loans is 3.85%.

This announcement supplements the Announcement and shall be read in conjunction with the Announcement.

By Order of the Board Liu Yujun Chairman

Tianjin, the PRC 31 May 2021

As at the date of this announcement, the Board comprises three executive Directors: Mr. Liu Yujun, Ms. Wang Jing and Mr. Niu Bo; two non-executive Directors: Mr. Gu Wenhui and Mr. Si Xiaolong; and three independent non-executive Directors: Mr. Di Xiaofeng, Mr. Guo Yongqing and Mr. Wang Xiangfei.

  • For identification purposes only

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