Dafeng Port Heshun Technology : Completion of the Major Transaction in Relation to the Disposal of 49% the Equity Interests in Qianhai Mingtian Supply Chain (shenzhen) Company Limited

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.

Dafeng Port Heshun Technology Company Limited

大 豐 港 和 順 科 技 股 份 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8310)

COMPLETION OF THE MAJOR TRANSACTION IN RELATION TO THE DISPOSAL OF 49% THE EQUITY INTERESTS IN

QIANHAI MINGTIAN SUPPLY CHAIN (SHENZHEN) COMPANY LIMITED

References are made to (1) the announcement of the Company dated 6 March 2017 in relation to the Disposal; and (2) the circular (the ''Circular'') of the Company dated 27 March 2017 in relation to the Disposal. Capitalised terms used herein shall have the same meanings as those defined in the Circular unless otherwise specified.

The Board is pleased to announce that all the conditions under the Equity Transfer Agreement have been fulfilled. The Completion took place on 16 May 2017 in accordance with the terms and conditions of the Equity Transfer Agreement.

Following the Completion, the Target Company remains as a subsidiary of the Company and the financial results of the Target Company will continue to be consolidated into the Group's financial statements.

By order of the Board

Dafeng Port Heshun Technology Company Limited Ni Xiangrong

Chairman

Hong Kong, 16 May 2017

As at the date of this announcement, the Board comprises the following members:

Executive Directors Non-executive Directors Independent

Non-executive Directors

Mr. Ni Xiangrong (Chairman)

Mr. Wang Yijun Mr. Shum Kan Kim Mr. Yu Xingmin Mr. Pan Jian

Mr. Ji Longtao

Mr. Yang Yue Xia

Dr. Bian Zhaoxiang Mr. Lau Hon Kee Mr. Yu Xugang

Mr. Zhang Fangmao

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the ''Latest Company Announcements'' page of the GEM website at www.hkgem.com for a minimum period of 7 days from the date of its publication and on the Company's website at www.dfport.com.hk.