Shanghai La Chapelle Fashion : APPROVAL BY THE CHINA SECURITIES REGULATORY COMMISSION ON THE A SHARE OFFERING

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上 海 拉 夏 貝 爾 服 飾 股 份 有 限 公 司

Shanghai La Chapelle Fashion Co., Ltd.

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock code: 06116) ANNOUNCEMENT APPROVAL BY THE CHINA SECURITIES REGULATORY COMMISSION ON THE A SHARE OFFERING

References are made to the announcements of Shanghai La Chapelle Fashion Co., Ltd. (the "Company") dated 24 August 2017, 20 June 2017, 16 June 2017, 9 June 2017, 25 May 2017, 16 November 2015, 26

October 2015, 31 July 2015, 20 July 2015 and 21 April 2015, and the circulars dated 31 August 2017,

31 July 2017, 12 June 2017, 10 June 2016 and 11 March 2016 in relation to, among others, the proposed initial public offering of A Shares by the Company (the "A Share Offering").

The Company is pleased to announce that the China Securities Regulatory Commission notified the Company officially in writing on 1 September 2017 and announced on the same day that the A Share Offering by the Company has been approved. The number of shares to be issued under the A Share Offering shall be no more than 54,770,000 shares and the valid period is 12 months from the date of approval.

The Company will make further announcements of any major updates and developments in respect of the A Share Offering in accordance with the applicable laws and regulations.

By Order of the Board

Shanghai La Chapelle Fashion Co., Ltd. Mr. Xing Jiaxing

Chairman

Shanghai, the PRC 1 September 2017

As of the date of this announcement, the executive directors of the Company are Mr. Xing Jiaxing, Mr. Wang Yong and Mr. Wang Wenke; the non-executive directors of the Company are Mr. Li Jiaqing, Mr. Lu Weiming, Mr. Cao Wenhai, Ms. Wang Haitong and Mr. Luo Bin; the independent non-executive directors of the Company are Mr. Zhang Yi, Dr. Chen Jieping, Mr. Zhang Zeping and Mr. Chan, Wing Yuen Hubert.