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.

KINGBO STRIKE LIMITED

工蓋有限公司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1421) COMPLETION OF PLACING OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of Kingbo Strike Limited (the "Company") dated 20 June 2017 (the "Announcement") in relation to the Placing. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

The Board is pleased to announce that the Placing was completed on 6 July 2017 in accordance with the terms and conditions of the Placing Agreement in which the Placing Agent has successfully placed an aggregate of 152,000,000 Placing Shares, representing (i) approximately 18.18% of the issued share capital of the Company immediately before the Placing; and (ii) approximately 15.38% of the issued share capital of the Company as enlarged by the issue of the 152,000,000 Placing Shares as at the date of this announcement.

The 152,000,000 Placing Shares have been successfully placed to not fewer than six placees at the Placing Price of HK$0.266 per Placing Share and none of the placees is a substantial shareholder of the Company upon completion of the Placing.

By Order of the Board Kingbo Strike Limited Liu Yancheng

Chairman

Hong Kong, 6 July 2017

As at the date of this announcement, the directors of the Company are:

Executive Directors

Mr. Liu Yancheng (Chairman)

Mr. Liu Xinsheng Mr. Peng Rongwu

Non-executive Director

Mr. Tam Tak Wah

Independent non-executive Directors

Mr. Leung Po Hon Mr. Li Jin

Dr. Luo Xiaodong

* For identification purposes only

Kingbostrike Ltd. published this content on 06 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 July 2017 07:25:10 UTC.

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