Hengan International : APPROVAL OF REGISTRATION OF SHORT-TERM COMMERCIAL PAPERS AT THE NATIONAL ASSOCIATION OF FINANCIAL MARKET INSTITUTIONAL INVESTORS

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.

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1044)

Websites: http://www.hengan.com

http://www.irasia.com/listco/hk/hengan

ANNOUNCEMENT

APPROVAL OF REGISTRATION OF SHORT-TERM COMMERCIAL PAPERS

AT THE NATIONAL ASSOCIATION OF

FINANCIAL MARKET INSTITUTIONAL INVESTORS

This announcement is made by Hengan International Group Company Limited (the "Company") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcement of the Company dated 7 June 2020 in relation to the application to the National Association of Financial Market Institutional Investors (the

"Association") for registration and proposed issue of short-term commercial papers (the "SCP") in an aggregate amount of not more than RMB 3 billion (the "SCP Issue 1") by the Company and the announcement of the Company dated 10 June 2020 in relation to the application to the Association for registration and proposed issue of the SCP in an aggregate amount of not more than RMB 3 billion (the "SCP Issue 2", collectively with "SCP Issue 1", the "SCP Issues") by the Company.

The board of directors of the Company (the "Board") is pleased to announce that the Company has received the application approval notices (reference numbers: zhong shi xie zhu [2020] CP 198 and zhong shi xie zhu [2020] CP199) in relation to the proposed issues of the SCP Issues following the submission of applications to the Association in June 2020 and has been informed that the SCP Issues are duly registered at the Association with a validity period of two years from the date of the said approval notices during which the Company may issue the SCP in tranches. The final offering circular in respect of the SCP Issues and other disclosure documents will be published on the websites of the Association (http://zhuce. nafmii.org.cn), China Money (www.chinamoney.com.cn) and Shanghai Clearing House (www.shclearing.com) upon issue.

• For identification purpose only

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The Company will make further announcement(s) in relation to the SCP Issues as and when appropriate.

The Company would like to emphasize that even though the Company has received approval for the SCP Issues, the SCP Issues may or may not proceed. Therefore, shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By order of the Board

Hengan International Group Company Limited

Sze Man Bok

Chairman

Hong Kong, 3 August 2020

As at the date of this announcement, the Board comprises Mr. Sze Man Bok, Mr. Hui Lin Chit, Mr. Hung Ching Shan, Mr. Xu Shui Shen, Mr. Xu Da Zuo, Mr. Xu Chun Man, Mr. Sze Wong Kim, Mr. Hui Ching Chi and Mr. Li Wai Leung as executive directors, and Mr. Chan Henry, Mr. Theil Paul Marin, Ms. Ada Ying Kay Wong, Mr. Ho Kwai Ching, Mark and Mr. Zhou Fang Sheng as independent non-executive directors.

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