CEFC Hong Kong Financial Investment : MONTHLY UPDATE ANNOUNCEMENT PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE

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.

CEFC Hong Kong Financial Investment Company Limited

香 港 華 信 金 融 投 資 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1520)

MONTHLY UPDATE ANNOUNCEMENT PURSUANT TO RULE 3.7

OF THE TAKEOVERS CODE

Reference is made to the announcements of CEFC Hong Kong Financial Investment Company Limited (the "Company") (collectively, the "Announcements") (i) dated 15 June 2020 relating to the winding up petition made by the Petitioner; and (ii) dated 12 August 2020 relating to the update on the Petition (the "August Announcement"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

As disclosed in the August Announcement, the appointment of the Liquidators may result in the sale of the Target Shares, which in turn may trigger a mandatory general offer under the Takeovers Code should any purchaser(s) and parties acting in concert with it/them acquire 30% or more of the voting rights of the Company (the "Possible Transaction"). As at the date of this announcement, as informed by the Liquidators, the Liquidators are in the process of inviting and identifying potential purchasers for the Target Shares and hence no bona fide offer is imminent.

In compliance with Rule 3.7 of the Takeovers Code, monthly announcement(s) setting out the progress of the Possible Transaction will be made until the announcement of a firm intention to make an offer under Rule 3.5 of the Takeovers Code or of a decision not to proceed with an offer is made. Further announcement(s) will be made by the Company as and when appropriate or required in accordance with the Listing Rules and/or the Takeovers Code (as the case may be).

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Warnings: There is no assurance that the appointment of Liquidators will result in a change of control and lead to a general offer under Rule 26.1 of Takeovers Code. Shareholders and potential investors of the Company should exercise caution when dealing in the securities of the Company, and if they are in any doubt about their position, they should consult their professional adviser(s).

By order of the Board

CEFC Hong Kong Financial Investment Company Limited

Guo Lin

Chairman and Executive Director

Hong Kong, 11 September 2020

As at the date of this announcement, the executive directors of the Company are Mr. Guo Lin, Mr. Jiang Mingsheng, Mr. Jiang Tianqing, Ms. Tin Yat Yu Carol and Mr. Cheung Ka Lung; and the independent non-executive directors of the Company are Mr. Tang Shu Pui Simon, Mr. Hon Ming Sang and Professor Wu Fei.

The directors of the Company jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statements in this announcement misleading.

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