WH Group Limited — Capital/Financing Update 2018

Jan 19, 2018

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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China Baoli Technologies Holdings Limited 中國寶力科技控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 164)

FURTHER ANNOUNCEMENT ADOPTION OF SHARE AWARD SCHEME

Reference is made to the announcement of China Baoli Technologies Holdings Limited (the “ Company ”) dated 15 January 2018 (the “ Announcement ”) in relation to the adoption of the Share Award Scheme. Capitalised terms used herein have the same meanings as in the Announcement unless the context otherwise requires.

The Company wishes to provide further information in relation to the Share Award Scheme as follows.

As set out in the Announcement, pursuant to the Share Award Scheme, Awards will be satisfied by, among others, new Shares to be allotted and issued to the Trustee by the Company under a General Mandate or Specific Mandate. The Company shall comply with the relevant Listing Rules when allotting and issuing any new Shares under a General Mandate or Specific Mandate (as the case may be) and applications shall be made by the Company to the Stock Exchange for the granting of the listing of, and permission to deal in, the new Shares to be allotted and issued.

For the Awards to be issued under a General Mandate, the Company will make an application to the Stock Exchange for the granting of the listing of, and permission to deal in, the new Shares to be allotted and issued as and when required, which would be after the Board has determined the specific number of Shares and the list of Selected Employees.

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Furthermore, when there is a grant of new Shares to the Directors and other connected persons of the Company, the Company will seek independent shareholder approval as required under Chapter 14A of the Listing Rules.

The Company confirms that to the best knowledge, information and belief of the Directors, the Trustee is independent from the Company and connected persons of the Company. As at the date of this announcement, the Company does not have any plan to change the Trustee. It is expected that any replacement trustee to be appointed in future for the purpose of the Share Award Scheme will be independent from the Company and connected persons of the Company.

By order of the Board China Baoli Technologies Holdings Limited Zhang Yi Chairman

Hong Kong, 19 January 2018

As at the date of this announcement, the executive Directors are Mr. Zhang Yi (Chairman), Ms. Chu Wei Ning (Chief Executive Officer), Mr. Yeung Chun Wai, Anthony and Mr. Wong King Shiu, Daniel; and the independent non-executive Directors are Mr. Chan Chi Yuen, Mr. Chan Kee Huen, Michael, Mr. Han Chunjian and Mr. Wong Hoi Kuen.

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