WeRide Inc. — Share Issue/Capital Change 2000

Aug 11, 2000

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities.

The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) and Hong Kong Securities Clearing Company Limited (“Hongkong Clearing”) 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.

Terms used herein shall have the same meaning as those defined in the prospectus dated 11th August, 2000 issued by Far East Pharmaceutical Technology Company Limited (the “Company”).

FAR EAST PHARMACEUTICAL TECHNOLOGY COMPANY LIMITED

（遠東生物制藥科技有限公司）

(incorporated in the Cayman Islands with limited liability)

New Issue and Placing

Number of Placing Shares:	64,000,000 Shares
Number of New Issue Shares:	16,000,000 Shares
Issue price:	HK$1.00 per Share
Nominal value:	HK$0.10 each
Stock code:	399

Sponsor and Manager

First Shanghai Capital Limited

Co-Sponsors

Polaris Securities (Hong Kong) Limited

MasterLink Securities (H.K.) Corp. Ltd.

Co-Lead Manager

Guotai Junan Securities (Hong Kong) Limited

Underwriters

First Shanghai Capital Limited	Polaris Securities (Hong Kong) Limited
MasterLink Securities (H.K.) Corp. Ltd.	Guotai Junan Securities (Hong Kong) Limited
Sinpac Securities (Hong Kong) Co., Limited	Kingsway SW Securities Limited
Barits Securities (Hong Kong) Limited	CU Securities Limited

Application has been made to the Listing Committee of the Stock Exchange for the grant of the listing of, and permission to deal in, the shares of HK$0.10 each (the “Shares”) in the capital of Far East Pharmaceutical Technology Company Limited (the “Company”) in issue and to be issued as described in the prospectus of the Company dated 11th August, 2000 (the “Prospectus”) and the relevant application form thereto, including any Shares which may be issued pursuant to the exercise of the subscription rights attaching to the options to be granted under the share option scheme of the Company as described in the Prospectus. Dealings in the Shares on the Stock Exchange are expected to commence at 10:00 a.m. on 23rd August, 2000. Subject to the grant of the listing of, and permission to deal in, the Shares on the Stock Exchange as well as the compliance with the stock admission requirements of Hongkong Clearing, the Shares will be accepted as eligible securities by Hongkong Clearing for deposit, clearance and settlement in the Central Clearing and Settlement System (“CCASS”) with effect from the commencement date of dealings in the Shares or such other date as determined by Hongkong Clearing. All activities under CCASS are subject to the General Rules of CCASS and CCASS Operational Procedures in effect from time to time.

The issue of 80,000,000 Shares comprises an offer (the “New Issue”) of initially 16,000,000 Shares (the “New Issue Shares”) to the public in Hong Kong and a placing (the “Placing”) of initially 64,000,000 Shares to selected professional and institutional and/or strategic investors in Hong Kong (the New Issue and the Placing, collectively referred to herein as the “Offer”). For allocation purposes only, the New Issue Shares available for subscription by the public under the New Issue will be divided equally into two pools: pool A and pool B. The New Issue Shares in pool A will be allocated on an equitable basis only to applicants who have applied for New Issue Shares with a total subscription amount (excluding brokerage and Stock Exchange transaction levy payable thereon) of HK$5 million or less. The New Issue Shares in pool B will be allocated on an equitable basis only to applicants who have applied for New Issue Shares with a total subscription amount (excluding brokerage and Stock Exchange transaction levy payable thereon) of more than HK$5 million and up to the total value of pool B. Applicants should be aware that applications in pool A and applications in pool B may receive different allocation ratios. If the New Issue Shares in one pool (but not both pools) are undersubscribed, the surplus New Issue Shares will be transferred to the other pool to satisfy excess demand in that pool and be allocated accordingly. Applicants can only receive an allocation of New Issue Shares from either pool A or pool B but not from both pools and can only make applications to either pool A or pool B. It should be noted that under the Rules Governing the Listing of Securities on the Stock Exchange, multiple or suspected multiple applications or any application made by one applicant on a WHITE or YELLOW application form for more than 50% of the New Issue Shares initially available to the public will be rejected and only one application on a WHITE or YELLOW application form may be made for the benefit of any person. Applications for Shares under the New Issue will be rejected if the applicants have been allotted with Shares under the Placing.

The Offer is conditional on the conditions as stated in the paragraph headed “Conditions of the Offer” in the section headed “Structure of the Offer” in the Prospectus. If the conditions are not fulfilled on or before 9th September, 2000, application monies received from applicants under the New Issue will be refunded, without interest, on the terms set out under the paragraph headed “Refund of your money” in the application forms.

Applications for the New Issue Shares will only be considered on the basis of the terms and conditions of the Prospectus and the related application forms. Applicants who would like to be allotted the New Issue Shares in their own names should complete and sign the WHITE application forms. Applicants who would like to be allotted New Issue Shares issued in the name of HKSCC Nominees Limited and deposited directly into CCASS for credit to their investor participants’ stock accounts or their designated CCASS participants’ stock accounts maintained in CCASS should complete and sign the YELLOW application forms, copies of which, together with copies of the Prospectus, may be obtained during normal business hours from 9:00 a.m. on Friday, 11th August, 2000 until 12:00 noon on Wednesday, 16th August, 2000 at the Service Counter of Hongkong Clearing at 2nd Floor, Vicwood Plaza, 199 Des Voeux Road Central, Hong Kong or its Investor Service Centre at Room 1901, Chinachem Exchange Square, 1 Hoi Wan Street, Quarry Bay, Hong Kong. Copies of the Prospectus together with the PINK application forms have been made available to the full-time employees of the Company and its subsidiaries. The PINK application forms, completed in accordance with the instructions printed thereon and accompanied by the appropriate remittance cheques or banker’s cashier orders, must be returned to the Company at Suite 708, 7th Floor, Ocean Centre, No.5 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong by 4:00 p.m. on Tuesday, 15th August, 2000.

Preference will be given to applications from full-time employees of the Company and its subsidiaries (other than the directors of the Company, existing beneficial owner(s) of Shares and their respective associates (as defined in the Rules Governing the Listing of Securities on the Stock Exchange)) under the PINK application forms for a maximum of 1,600,000 New Issue Shares (representing approximately 10% of the New Issue Shares).

WHITE application forms, together with copies of the Prospectus, may be obtained during normal business hours from 9:00 a.m. on Friday, 11th August, 2000 until 12:00 noon on Wednesday, 16th August, 2000 from:

1. any participants of The Stock Exchange of Hong Kong Limited;

2. First Shanghai Capital Limited, 19th Floor, Wing On House, 71 Des Voeux Road Central, Hong Kong;

3. Polaris Securities (Hong Kong) Limited, Suite 1003, 10th Floor, Tower 1, Admiralty Centre, 18 Harcourt Road, Hong Kong;

4. MasterLink Securities (H.K.) Corp. Ltd., Room 2501, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong;

5. Sinpac Securities (Hong Kong) Co., Limited, 27th Floor, Asia Pacific Finance Tower, Citibank Plaza, 3 Garden Road, Central, Hong Kong;

6. Kingsway SW Securities Limited, 5th Floor, Hutchison House, 10 Harcourt Road, Central, Hong Kong;

7. Barits Securities (Hong Kong) Limited, Suites 3311-3315, 33/F., One International Finance Centre, No. 1 Harbour View Street, Central, Hong Kong;

8. CU Securities Limited, 11th Floor, Hong Kong Diamond Exchange Building, 8-10 Duddell Street, Central, Hong Kong; and

9. any one of the following branches of Standard Chartered Bank :

Hong Kong Island:	The Landmark Branch	The Landmark, 15 Queen’s Road Central
	Des Voeux Road Branch	Standard Chartered Bank Building, 4-4A Des Voeux Road Central
	CIG Building Branch	Shop B, G/F, CIG Building, 141 Des Voeux Road Central
	Leighton Centre Branch	Shop 12-16, UG/F Leighton Centre, 77 Leighton Road, Causeway Bay
	North Point Centre Branch	284 King’s Road, North Point
	Taikoo Place Branch	G/F, 969 King’s Road, Quarry Bay
Kowloon:	Kwun Tong Branch	88-90 Fu Yan Street, Kwun Tong
	Mongkok Bank Centre Branch	Bank Centre, 630-636 Nathan Road, Mongkok
	Tsimshatsui Branch	10 Granville Road, Tsimshatsui
	Cheung Sha Wan Branch	828 Cheung Sha Wan Road, Cheung Sha Wan
New Territories:	Tsuen Wan Branch	Basement 1/F, Emperor Plaza, 263 Sha Tsui Road, Tsuen Wan

Both WHITE and YELLOW application forms completed in all respects (to which cheques or banker’s cashier orders should be securely stapled) should be deposited in the special collection boxes provided at any of the branches of Standard Chartered Bank referred to above on the following dates during the following times:

Friday, 11th August, 2000	--	9;00 a.m. to 4:00 p.m.
Saturday, 12th August, 2000	--	9:00 a.m. to 12:00 noon
Monday, 14th August, 2000	--	9:00 a.m. to 4:00 p.m.
Tuesday, 15th August, 2000	--	9:00 a.m. to 4:00 p.m.
Wednesday, 16th August, 2000	--	9:00 a.m. to 12:00 noon

Subject to the terms and conditions set out in the Prospectus and the related application forms, applications must be received by no later than 12:00 noon on Wednesday, 16th August, 2000 (or such later date as may apply in the case of a tropical cyclone warning signal number 8 or above or a “black” rainstorm warning signal being in force in Hong Kong as described in the paragraph headed “Effect of bad weather on the opening of the application lists” in the section headed “How to apply for the New Issue Shares” in the Prospectus). The announcement of the level of indication of interests in the Placing, the results of applications under the New Issue and the basis of allotment of the New Issue Shares is scheduled to be published in the South China Morning Post (in English) and the Hong Kong Economic Times (in Chinese) on or about Monday, 21st August, 2000.

If you have applied for 500,000 New Issue Shares or more on a WHITE application form and have indicated on your application form that you will collect your Share certificate(s) and/or refund cheque(s) in person(s), you may collect it/them in person from Tengis Limited at 4th Hutchison House, 10 Harcourt Road, Central, Hong Kong between 9 a.m. and 1 p.m. on Tuesday, 22nd August, 2000. You must show your identification document to collect your Share certificate(s) and/or refund cheque(s). If you do not collect your Share certificate(s) and/or refund cheque(s), if any, then they will be sent to the address on your application form on or after Tuesday, 22nd August, 2000 by ordinary post and at your own risk. If you have applied for 500,000 New Issue Shares or more and have not indicated on your application form that you will collect your Share certificate(s) and/or refund cheque(s), if any, in person(s) or if you have applied for less than 500,000 New Issue Shares, then your Share certificate(s) and/or refund cheque(s) will be sent to the address on your application form by ordinary post and at your own risk on or after Tuesday, 22nd August, 2000. The Company will not issue temporary documents of title.

If you have applied for the New Issue Shares on a YELLOW application form and your application is wholly or partially successful, your Share certificate(s) will be issued in the name of HKSCC Nominees Limited and deposited into CCASS for credit to your investor participant’s stock account or your designated CCASS participant’s stock account as instructed by you by the close of business on Tuesday, 22nd August, 2000 or under contingent situation, on any other date as shall be determined by Hongkong Clearing or HKSCC Nominees Limited. You should check the number of New Issue Shares allotted to you with your designated CCASS participant if you are applying through a designated CCASS participant, or via the CCASS Phone System if you are applying as an investor participant. For investor participants, Hongkong Clearing will also mail to you an Activity Statement showing the number of New Issue Shares credited to your investor participant’s stock account.

If your application is wholly or partially unsuccessful, the Company will refund your application money, brokerage and Stock Exchange transaction levy to you without interest. All refunds will be made by a cheque crossed “Account payee only”, and made out to you, or, if you are joint applicants, to the first-named applicant on your application form on the terms set out under the paragraph headed “Refund of your money” in the application forms.

Hong Kong, 11th August, 2000