Shanghai Able Digital Science&Tech Co., Ltd. — Capital/Financing Update 2020

Jul 7, 2020

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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INSIDE INFORMATION

This announcement is made by CITIC Resources Holdings Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) pursuant to rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The Company wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that there is a potential disposal of the equity interests in CITIC Dameng Holdings Limited (“ CITIC Dameng ”) held by the Company (the “ Potential Disposal ”).

CITIC Dameng is a company incorporated in Bermuda with limited liability and its shares are listed on the Main Board of the Stock Exchange of Hong Kong Limited (Stock Code: 1091). CITIC Dameng is an associated company of the Group and the Group is the single largest shareholder of CITIC Dameng. As at the date of this announcement, no definitive transaction agreement or other legally binding agreement regarding the Potential Disposal has been entered into. The Potential Disposal, if materialised, may constitute a notifiable transaction of the Company and the Company will make further announcements in compliance with the Listing Rules.

As the Potential Disposal may or may not proceed, Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board CITIC Resources Holdings Limited Sun Yufeng Chairman

Hong Kong, 7 July 2020

As at the date hereof, Mr. Sun Yufeng; Mr. Suo Zhengang and Mr. Sun Yang are executive directors of the Company, Mr. Chan Kin is a non-executive director of the Company, and Mr. Fan Ren Da, Anthony; Mr. Gao Pei Ji and Mr. Look Andrew are independent non-executive directors of the Company.