Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this joint 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 joint announcement.

This joint announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of Zhuhai Holdings Investment Group Limited.

LONGWAY SERVICES

ZHUHAI HOLDINGS

INVESTMENT GROUP LIMITED

GROUP LIMITED

珠海控股投資集團有限公司

(Incorporated in the British Virgin Islands

(Incorporated in Bermuda

with limited liability)

with limited liability)

(Stock code: 908)

JOINT ANNOUNCEMENT

DELAY IN DESPATCH OF COMPOSITE DOCUMENT

Reference is made to (i) the announcement dated 21 January 2020 (the "Rule 3.5 Announcement") and the clarification announcement dated 7 February 2020 jointly issued by Zhuhai Holdings Investment Group Limited (the "Company") and Longway Services Group Limited (the "Offeror"), in relation to, among other things, the Offer; and (ii) the announcement dated 22 January 2020 jointly issued by the Company and the Offeror, in relation to, among other things, completion of the sale and purchase of 78,929,909 shares in the Company. Unless otherwise stated, capitalised terms used in this joint announcement shall have the same meanings as those defined in the Rule 3.5 Announcement.

As set out in the Rule 3.5 Announcement, it is the intention of the Offeror and the Company to combine the offer document and the offeree board circular in the Composite Document in accordance with the Takeovers Code. Pursuant to Rule 8.2 of the Takeovers Code, the Composite Document accompanied by the form of acceptance and transfer is required to be despatched to the Shareholders within 21 days of the date of the Rule 3.5 Announcement (i.e. 10 February 2020) or such later date as the Executive may approve.

Additional time is required for preparing and finalising the information to be included in the Composite Document, including but not limited to (i) up-to-date business and financial information (including indebtedness statement) of the Group; and (ii) the valuation report. In addition, the Independent Financial Adviser also requires additional time to form its view to be included in the letter to the Independent Board Committee based on the aforesaid information and perform its relevant work under Rule 10.11 of the Takeovers Code. Accordingly, an application has been made to the Executive pursuant to Rule 8.2 of the Takeovers Code for its consent to extend the deadline for the despatch of the Composite Document to a date falling on or before 20 April 2020, and the Executive has granted its consent for such extension.

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Further announcement(s) will be jointly made by the Offeror and the Company when the Composite Document accompanied by the form of acceptance and transfer is despatched.

By Order of the board of directors of

By Order of the board of directors of

Longway Services Group Limited

Zhuhai Holdings Investment Group Limited

Kang Xiaodan

Huang Xin

Director

Chairman

Hong Kong, 10 February 2020

As at the date of this joint announcement, the Board comprises Mr. HUANG Xin, Mr. JIN Tao, Mr. YE Yuhong and Mr. LI Wenjun as executive Directors; Datuk Wira LIM Hock Guan (Mr. LIM Seng Lee as his alternate), Mr. KWOK Hoi Hing (Mr. ZHU Minming as his alternate) and Mr. ZOU Chaoyong as non-executive Directors; and Mr. HUI Chiu Chung, Mr. CHU Yu Lin, David, Mr. Albert HO and Mr. WANG Yijiang as independent non-executive Directors.

The Directors jointly and severally accept full responsibility for the accuracy of information contained in this joint announcement (other than any information relating to the Offeror and parties acting in concert with it) and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this joint announcement (other than those opinions expressed by the directors of the Offeror) have been arrived at after due and careful consideration and there are no other facts not contained in this joint announcement, the omission of which would make any statement in this joint announcement misleading.

As at the date of this joint announcement, Madam CAI Sulan, Mr. KANG Xiaodan and Mr. CHEN Xiaoqi are the directors of the Offeror, and Mr. HUANG Xin, Mr. JIN Tao, Mr. YE Yuhong, Mr. LI Guibo, Mr. ZOU Chaoyong, Mr. HUANG Jianbin and Mr. WANG Xiandong are the directors of ZJ Holdings.

The directors of the Offeror and ZJ Holdings jointly and severally accept full responsibility for the accuracy of information contained in this joint announcement (other than any information relating to the Group or the Seller) and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this joint announcement (other than those opinions expressed by the Directors) have been arrived at after due and careful consideration and there are no other facts not contained in this joint announcement, the omission of which would make any statement in this joint announcement misleading.

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Zhuhai Holdings Investment Group Ltd. published this content on 10 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2020 08:52:01 UTC