Hong Wei Asia : AMENDMENT TO THE TERMS OF THE BONDS

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.

HONG WEI (ASIA) HOLDINGS COMPANY LIMITED

鴻偉（亞洲）控股有限公司

(Incorporated in Hong Kong with limited liability)

(Stock code: 8191) AMENDMENT TO THE TERMS OF THE BONDS

Reference is made to the Company's announcement dated 10 December 2015 (the "Announcement") in relation to the issue of fixed rate guaranteed bonds initially due 2016 in an aggregate principal amount of HK$17 million and the announcement dated 9 December 2016 (the "Second Announcement") in relation to the amendment to the terms of the bonds as detailed in the Second Announcement. Unless the context requires otherwise, terms used herein shall have the same meanings as those defined in the Announcement and the Second Announcement.

On 9 June 2017, each of the Subscribers, the Company and the Guarantor agreed to amend the terms of the Bonds as follows:-

1. the maturity date shall become the date falling on the second anniversary from the date of the issuance of the Bonds (the "Maturity Date");

2. the Bonds shall bear simple interest from and including the date of issue up to and including the Maturity Date, at the fixed rate of 15% per annum of the principal amount of the Bonds payable in advance on the date of issuance of Bonds and the date falling on six months, 12 months, 15 months, 18 months and 21 months immediately after the date of issuance of the Bonds; and

3. the Company may at any time and from time to time repurchase Bonds (or part thereof) at any price as may be agreed in writing between it and the relevant Subscriber.

Save for the above, the terms and conditions of the Bonds remain unchanged in all respects.

On 9 June 2017, the Company entered into a sale and purchase agreement to repurchase Bonds in

the principal amount of HK$3 million from one of the Subscribers. Upon completion of such repurchase, the aggregate outstanding principal amount of the Bonds will be reduced to HK$14 million.

By order of the Board

Hong Wei (Asia) Holdings Company Limited Wong Cheung Lok

Chairman and executive Director

Hong Kong, 9 June 2017

As at the date of this announcement, the executive Directors are Mr. Wong Cheung Lok, Ms. Cheung Ngar Kwan, Ms. Huang Xiuyan and Mr. Liu Jiayong; the non-executive Director is Mr. Lai Ming Wai; and the independent non-executive Directors are Dr. Chow Ho Wan, Owen, Ms. Qian Xiaoyu and Dr. Xu Jianmin.

This announcement will remain on the "Latest Company Announcements" page of the GEM website (www.hkgem.com) for at least seven days from the day of its posting. This announcement will also be published on the Company's website at www.hongweiasia.com.

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 enquires, 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.