China SCE : VOLUNTARY ANNOUNCEMENT INCREASES IN SHAREHOLDINGS OF DIRECTORS

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CHINA SCE GROUP HOLDINGS LIMITED

中 駿 集 團 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1966)

VOLUNTARY ANNOUNCEMENT

INCREASES IN SHAREHOLDINGS OF DIRECTORS

This announcement is made by China SCE Group Holdings Limited (the ''Company'') on a voluntary basis.

The board (the ''Board'') of directors (the ''Directors'') of the Company hereby announces that the Company has been informed by Mr. Chen Yuanlai and Mr. Cheng Hiu Lok, each a vice chairman of the Board and an executive Director, respectively that Rising Trade Holdings Limited (''Rising Trade'') and Wealthy Gate Holdings Limited (''Wealthy Gate''), companies incorporated in the British Virgin Islands with limited liability which are wholly owned by Mr. Chen Yuanlai and Mr. Cheng Hiu Lok respectively, had made a series of acquisitions of ordinary shares of HK$0.1 each in the share capital of the Company (the ''Shares'') on the market during August 2019.

The tables below sets forth further details of the above acquisitions of Shares:

RISING TRADE
		Number of	Average price	Total
Date	Nature	Shares	per Share	consideration
			(HK$)	(HK$ million)
22 August 2019	Share acquisitions	5,000,000	3.99	19.93

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WEALTHY GATE
			Number of	Average price	Total
Date	Nature	Shares	per Share	consideration
					(HK$)	(HK$ million)
23	August 2019	Share acquisitions	5,500,000		4.04	22.22
26	August 2019	Share acquisitions	1,500,000		3.90	5.85
27	August 2019	Share acquisitions	2,500,000		4.00	10.01
			9,500,000			38.08

• the average prices per Share and the total considerations in the tables above are subject to rounding adjustments

Through the above acquisitions of Shares:

1. the number of Shares beneficially owned by Rising Trade has increased from 150,000,000 Shares as at 30 June 2019 to 155,000,000 Shares as at the date of this announcement, and the total number of Shares in which Mr. Chen Yuanlai is interested under Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ''SFO'') has increased from 210,000,000 Shares as at 30 June 2019 to 215,000,000 Shares as at the date of this announcement; and
2. the number of Shares beneficially owned by Wealthy Gate has increased from 150,000,000 Shares as at 30 June 2019 to 159,500,000 Shares as at the date of this announcement, and the total number of Shares in which Mr. Cheng Hiu Lok is interested under Part XV of the SFO has increased from 190,000,000 Shares as at 30 June 2019 to 199,500,000 Shares as at the date of this announcement.

Based on the information available to the Company and to the knowledge of the Board, the Company has maintained sufficient public float following the above acquisitions of Shares and as at the date of this announcement.

By order of the Board

China SCE Group Holdings Limited

Wong Chiu Yeung

Chairman

Hong Kong, 2 September 2019

As at the date of this announcement, the executive directors of the Company are Mr. Wong Chiu Yeung, Mr. Chen Yuanlai, Mr. Cheng Hiu Lok, Mr. Huang Youquan and Mr. Wong Lun, and the independent non-executive directors of the Company are Mr. Ting Leung Huel Stephen, Mr. Lu Hong Te and Mr. Dai Yiyi.

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