China Strategic : SUPPLEMENTAL ANNOUNCEMENT - DISCLOSEABLE TRANSACTION - PROVISION OF LOAN FACILITY TO AN INDEPENDENT THIRD PARTY

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.

SUPPLEMENTAL ANNOUNCEMENT

DISCLOSEABLE TRANSACTION

PROVISION OF LOAN FACILITY TO AN INDEPENDENT THIRD PARTY

Reference is made to the announcement of the Company dated 23 October 2019 in relation to the provision of loan facility to an independent third party (the "Announcement"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as set out in the Announcement.

The Board would like to provide additional information relating to the Borrower as below:

1. the Borrower is Top Express Infrastructure Limited; and
2. the ultimate beneficial owners of the Borrower are Mr. Chan See Chow, Mr. Chan Sze Mei Kemmy, Mr. Chan Sze Po and Mr. Chan Hak Lau Franklin.

Save as disclosed in this announcement, all information and contents as set out in the Announcement remain unchanged.

By Order of the Board

China Strategic Holdings Limited

Dr. Or Ching Fai

Chairman

Hong Kong, 24 October 2019

At the date of this announcement, the Board comprises one Non -executive Director, namely Dr. Or Ching Fai (Chairman); three Executive Directors, namely Mr. Sue Ka Lok (Chief Executive Officer), Ms. Lee Chun Yeung, Catherine and Mr. Chow Kam Wah; and three Independent Non-executive Directors, namely Ms. Ma Yin Fan, Mr. Chow Yu Chun, Alexander and Mr. Leung Hoi Ying.