Greenway Mining : INSIDE INFORMATION DISRUPTION OF MINE OPERATION DUE TO OUTBREAK OF NOVEL CORONAVIRUS PNEUMONIA EPIDEMIC

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.

Greenway Mining Group Limited

信盛礦業集團有限公司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2133)

INSIDE INFORMATION

DISRUPTION OF MINE OPERATION DUE TO

OUTBREAK OF NOVEL CORONAVIRUS PNEUMONIA EPIDEMIC

This announcement is made by Greenway Mining Group Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, the Laws of Hong Kong).

The board (the "Board") of directors (the "Directors" and each a "Director") of the Company wishes to inform the shareholders of the Company and potential investors that the operations of the operating mines of the Group (the "Operating Mines") which are located in Myanmar and the People's Republic of China (the "PRC") will remain suspended after the Chinese New Year holidays due to the outbreak of the novel coronavirus pneumonia epidemic (the "Epidemic") in Myanmar and the PRC.

Since the Epidemic, Myanmar and a number of provinces and municipalities in the PRC, including Yunnan province (雲南省), the places where the Operating Mines of the Group are located, had taken various emergency public health measures and actions to restrain the spread of the Epidemic, including the travel restrictions. The Myanmar local bodies had also tightened restrictions on Chinese employees. In addition, the major management and mining workers of our Operating Mines in Myanmar (including the employees of our subcontractors) had returned to the PRC in different phrases since late December 2019 in accordance with the Chinese New Year holidays arrangement. As they are all from Hubei province and its surrounding provinces and cities, therefore they are unable to return to work at our Operating Mines after the Chinese New Year holidays as scheduled. They cannot resume work until a series of arrangements including physical check and quarantine are made, and it is expected that it will continue for a period of time until the Epidemic is gradually contained. The Epidemic has adverse effects on the Group's operations and financial position.

The Group takes seriously the occupational health and safety of our staffs and employees of our subcontractors. In this regard, the Group has implemented various measures and procedures in response to the Epidemic, including closely tracking the health conditions of our staffs and our subcontractors' employees, improving personal and workplace hygiene condition, regularly sanitizing the plants and working facilities, and staying in close contact with the governments in which our Operating Mines are located regarding the situation of the Epidemic.

The Board will closely monitor the development of the Epidemic, evaluate its impacts on the operation of our Operating Mines, and will provide necessary updates if there is any material development to the Operating Mines.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board

Greenway Mining Group Limited

Lei Dejun

Executive Director

Hong Kong, 11 February 2020

As at the date of this announcement, the Board comprises Mr. Lei Dejun as executive director; Mr. Yin Bo, Mr. Chan Suk Ching and Mr. Zhang Yonghua as non-executive directors; and Mr. Ma Shirong, Mr. Chi Hongji and Mr. Dong Tao as independent non- executive directors.

*For identification purpose only