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.

ANNOUNCEMENT

COMPLETION OF ISSUANCE OF THE FIRST TRANCHE OF

SUPER & SHORT-TERM COMMERCIAL PAPER FOR THE YEAR OF 2019

Reference is made to the announcement of Sinofert Holdings Limited (the "Company") dated 25 April 2019.

The Company wishes to announce that on 26 April 2019, Sinochem Fertilizer Company Limited, an indirect wholly-owned subsidiary of the Company, completed the issuance of the first tranche of the super & short-term commercial paper for the year of 2019 (the "Issuance") in an amount of RMB1 billion, with a term of 180 days and at a coupon rate of 3% per annum. The proceeds from the Issuance will be used to replenish the working capital and repay the existing debts of the Company.

For and on behalf of the Board

SINOFERT HOLDINGS LIMITED

Qin Hengde

Executive Director and Chief Executive Officer

Hong Kong, 26 April 2019

As at the date of this announcement, the executive directors of the Company are Mr. Qin Hengde (Chief Executive Officer) and Mr. Harry Yang; the non-executive director of the Company is Mr. Yang Lin; and the independent non-executive directors of the Company are Mr. Ko Ming Tung, Edward, Mr. Lu Xin and Mr. Tse Hau Yin, Aloysius.

*For identification purposes only

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Sinofert Holdings Limited published this content on 26 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2019 09:32:07 UTC