Hsin Chong : INSIDE INFORMATION WINDING UP PETITIONS IN RELATION TO THE SUBSIDIARIES

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.

HSIN CHONG GROUP HOLDINGS LIMITED 新 昌 集 團 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 00404)

US$300 MILLION 8.75% SENIOR NOTES DUE 2018

(Stock Code: 5513)

US$150 MILLION 8.50% SENIOR NOTES DUE 2019

(Stock Code: 5607)

INSIDE INFORMATION

WINDING UP PETITIONS IN RELATION TO THE SUBSIDIARIES

This announcement is made by Hsin Chong Group Holdings Limited (the ''Company'') pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the securities and Futures Ordinance (Cap. 571, Laws of Hong Kong).

WINDING UP PETITION AGAINST HSIN CHONG CONSTRUCTION COMPANY LIMITED

Reference is made to the announcements of the Company dated 28 August 2018, 31 October 2018, 14 November 2018 and 12 December 2018 in relation to, among other things, the petition (''HCCC Petition'') filed with the High Court of Hong Kong against Hsin Chong Construction Company Limited.

The Company wishes to update the holders of shares and securities of the Company that, at the hearing held on 9 January 2019 and 14 January 2019 respectively at the High Court of Hong Kong, an order is made by the High Court to further adjourn the hearing for the HCCC Petition to 21 January 2019.

Further announcement will be made to update the holder of securities of the Company and potential investors on the development of the relevant court proceedings.

WINDING UP PETITION AGAINST HSIN CHONG CONSTRUCTION (ASIA) LIMITED

Reference is made to the announcements of the Company dated 8 November 2018 in relation to, among other things, the petition (''HCCA Petition'') filed with the High Court of Hong Kong against Hsin Chong Construction (Asia) Limited.

The Company wishes to update the holders of shares and securities of the Company that, at the hearing held on 9 January 2019 and 14 January 2019 respectively at the High Court of Hong Kong, an order is made by the High Court to further adjourn the hearing for the HCCA Petition to 21 January 2019.

Further announcement will be made to update the holder of securities of the Company and potential investors on the development of the relevant court proceedings.

CONTINUED SUSPENSION OF TRADING IN THE SHARES AND DEBT SECURITIES

Trading in the shares and debt securities of the Company has been suspended since 3 April 2017 and will continue to be suspended until further notice. Holders of the shares and debt securities of the Company and potential investors are advised to exercise caution when dealing in the shares and other securities of the Company.

By order of the Board of

Hsin Chong Group Holdings Limited

WANG Guozhen

Vice Chairman and Executive Director

Hong Kong, 14 January 2019

As at the date of this announcement, the Board comprises Mr. LIN Zhuo Yan as the Non-executive Chairman and Non-executive Director; Mr. WANG Guozhen (Vice Chairman), Ir Dr Joseph CHOI Kin Hung (Chief Executive Officer), Mr. Wilfred WU Shek Chun (Chief Risk Officer) and Mr. Eric TODD as Executive Directors; Mr. YAN Jie, Mr. CHEN Lei and, Mr. CHUI Kwong Kau as Non-executive Directors; and Mr. CHENG Sui Sang, Mr. George YUEN Kam Ho, Dr. LAM Lee G. and Dr. LO Wing Yan William, JP as Independent Non-executive Directors.