Zhenro Properties Group Limited — Major Shareholding Notification 2021

Nov 10, 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.

==> picture [227 x 35] intentionally omitted <==

Zhenro Properties Group Limited 正榮地產集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6158)

VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING IN THE COMPANY BY A CONTROLLING SHAREHOLDER

This announcement is made by Zhenro Properties Group Limited (the “ Company ” and together with its subsidiaries, the “ Group ”) on a voluntary basis.

The board of directors of the Company (the “ Board ”) was informed that on 5 and 8 November 2021, RoYue Limited (“ RoYue ”), a controlling shareholder of the Company (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”)), had purchased in the open market a total of 2,801,000 ordinary shares of the Company (“ Shares ”, each a “ Share ”) at an average price of approximately HK$3.61 per Share for an aggregate of HK$10,103,770 (excluding relevant transaction fee) (the “ Acquisition of Shares ”). Following the Acquisition of Shares by RoYue, the shareholding of RoYue in the Company increased to 2,283,326,000 Shares, representing approximately 52.28% of the total issued share capital of the Company as at the date of this announcement.

RoYue, RoJing Limited (“ RoJing ”) and Rojing ZR (PTC) Limited (“ RoJing ZR ”) are companies incorporated in the British Virgin Islands with limited liability and are wholly-owned by Mr. Ou Zongrong (“ Mr. Ou ”), a controlling shareholder of the Company. Prior to the Acquisition of Shares, Mr. Ou was, in aggregate, interested in 2,386,957,000 Shares, representing approximately 54.65% of the total issued share capital of the Company, indirectly through RoYue, RoJing and RoJing ZR. After the Acquisition of Shares, Mr. Ou is, in aggregate, interested in 2,389,758,000 Shares, representing approximately 54.71% of the total issued share capital of the Company, indirectly through RoYue, RoJing and RoJing ZR.

The Company believes that the acquisition signifies Mr. Ou’s confidence in the overall development prospects and growth potentials of the Group as well as his long-term commitment towards the Company. Mr. Ou does not rule out the possibility of further increasing his shareholding in the Company as he feels appropriate in the future, subject to compliance with applicable legal and regulatory requirements.

1

Based on the information available to the Company and to the knowledge of the Board, the Company has maintained sufficient public float of the issued Shares in compliance with Rule 8.08 of the Listing Rules following the above Acquisition of Shares and as at the date of this announcement.

By order of the Board Zhenro Properties Group Limited Huang Xianzhi Chairman of the Board

Hong Kong, 10 November 2021

As at the date of this announcement, the executive directors of the Company are Mr. Huang Xianzhi, Mr. Liu Weiliang, Mr. Li Yang and Mr. Chan Wai Kin, the non-executive director of the Company is Mr. Ou Guowei, and the independent non-executive directors of the Company are Dr. Loke Yu (alias Loke Hoi Lam), Mr. Wang Chuanxu and Mr. Lin Hua.

2