China Finance Investment : GRANT OF SHARE OPTIONS

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.

CHINA FINANCE INVESTMENT HOLDINGS LIMITED

中國金控投資集團有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 875)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The board (the "Board") of directors (the "Director(s)") of China Finance Investment Holdings Limited (the "Company") announces that the Company granted to certain eligible participants (the "Grantees"), subject to the acceptance of the Grantees, a total of 30,208,340 share options (the "Options") to subscribe for a total of 30,208,340 ordinary shares of the Company of HK$0.01 each (the "Share(s)") on 15 September 2020, being the date of grant ("Date of Grant"), under the share option scheme adopted by the Company on 6 June 2013. Details of the Options granted are as follows:

Date of Grant	:	15 September 2020
Number of Options granted	:	30,208,340 Options
Exercise price of Options granted	:	HK$1.76 per Share
Closing price of the Shares	:	HK$1.76 per Share
on Date of Grant
The average closing price of the	:	HK$1.742 per Share
Shares for the five business days
immediately preceding the Date
of Grant

Validity period of the Options	: 15 September 2020 to 14 September 2030 (both days
	inclusive)

Among the 30,208,340 Options, a total of 8,520,000 Options were granted to the Directors and a total of 21,688,340 Options were granted to other eligible participants of the Company and its subsidiaries. Details of which are as follows:

Name of the Grantees	Position held	Number of
	with the Company	Options granted
Diao Jing	Executive Director	2,840,000
Lin Yupa	Executive Director	2,840,000
Lin Yuhao	Non-executive Director	2,840,000
Sub-total of Options granted to Directors	8,520,000
Other eligible participants (Note)		21,688,340
Total		30,208,340

Note: Other eligible participants represent certain employees of the Company and its subsidiaries.

Pursuant to Rule 17.04(1) of the Listing Rules, the grant of Options to the each of the above Directors has been approved by the independent non-executive Directors.

Save as disclosed in this announcement, none of the Grantees is a Director, chief executive or substantial shareholder of the Company, or an associate (as defined under the Listing Rules) of any of them.

Each Option shall entitle the holder of the Option to subscribe for one Share upon exercise of such Option at the exercise price of HK$1.76 per Share, which represents the highest of (i) the closing price of HK$1.76 per Share quoted on the Stock Exchange on the Date of Grant; (ii) the average closing price of HK$1.742 per Share quoted on the Stock Exchange for the five business days immediately preceding the Date of Grant; and (iii) HK$0.01, being the nominal value of the Share.

By order of the Board

China Finance Investment Holdings Limited

Lin Yuhao

Chairman

Hong Kong, 15 September 2020

As at the date of this announcement, the Board comprises six Directors, including two executive Directors, namely Ms. Diao Jing and Mr. Lin Yupa; one non-executive Director, Mr. Lin Yuhao and three independent non-executive Directors, namely Mr. Li Shaohua, Ms. Zhu Rouxiang and Ms. Li Yang.