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.

XINGFA ALUMINIUM HOLDINGS LIMITED ጳ೯቙ุછٰϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 98)

CHANGE OF NON-EXECUTIVE DIRECTOR; AND CHANGE OF COMPOSITION OF AUDIT COMMITTEE

The Board announces that with effect from 6 December 2018:

(i) Mr. Lu Chaoying has resigned as a non-executive Director and a member of the Audit Committee; and

(ii) Ms. Xie Jingyun has been appointed as a non-executive Director and a member of the Audit Committee.

RESIGNATION OF NON-EXECUTIVE DIRECTOR

The board ("Board") of directors ("Directors", each a "Director") of Xingfa Aluminium Holdings Limited ("Company", together with its subsidiaries, the "Group") announces that with effect from 6 December 2018, Mr. Lu Chaoying ("Mr. Lu") has resigned as a non-executive Director and a member of the audit committee of the Board ("Audit Committee") as he wishes to pursue other personal interests on reaching retirement age.

Mr. Lu has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited ("Stock Exchange") or the shareholders of the Company ("Shareholders").

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The Board wishes to announce that with effect from 6 December 2018, Ms. Xie Jingyun ("Ms. Xie") has been appointed as a non-executive Director and a member of the Audit Committee.

The biographical details of Ms. Xie are set out below:

Ms. Xie, aged 38, is experienced in strategic investment and capital operation and is currently the head of the capital operation department of ᄿ؇޲ᄿอછٰණྠϞࠢʮ̡(Guangdong Guangxin Holdings Group Ltd.*) ("Guangxin Holdings"). Ms. Xie first joined the Guangxin Holdings group in 2003. She became the deputy department head of the investment development department of Guangxin Holdings in 2008 and was subsequently promoted as the department head. She then joined the capital operation department of Guangxin Holdings as an assistant to department head in 2015 and was promoted as the deputy department head and department head in 2016 and 2018 respectively. Guangxin Holdings is the holding company of Guangxin Aluminium (HK) Limited which holds approximately 29.99% of the issued shares of the Company as at the date of this announcement. Ms. Xie obtained a bachelor degree in business administration from the Guangdong University of Foreign Studies in 2003.

As at the date of this announcement, Ms. Xie is also a director of (i) ᄿ؇޲ᄿѓණྠٰ΅ Ϟࠢʮ̡ (Guangdong Advertising Group Co., Ltd.*), a company established in the People's Republic of China ("PRC") whose shares are listed on the Shenzhen Stock Exchange (Stock Code: 002400); and (ii) ᄿ؇͛ू߅Ҧٰ΅Ϟࠢʮ̡ (Guangdong Shengyi Technology Co., Ltd.*), a company established in the PRC whose shares are listed on the Shanghai Stock Exchange (Stock Code: 600183).

Pursuant to the letter of appointment made between Ms. Xie and the Company, Ms. Xie has been appointed for a term of three years unless terminated by not less than three months' notice in writing served by either party on the other and is subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company and the Rules Governing the Listing of Securities on the Stock Exchange ("Listing Rules"). Ms. Xie will not receive any emolument as a Director.

Save as disclosed above, as at the date of this announcement, Ms. Xie:

  • (i) has not held any other major appointments or qualifications or directorships in other listed company in the last three years;

  • (ii) does not have any relationship with any Director, senior management, substantial or controlling Shareholder (having the meaning ascribed to it in the Listing Rules) of the Company;

  • (iii) does not hold other positions with the Company or other members of the Group; and

  • (iv) is not interested in any shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, there is no further information required to be disclosed pursuant to the requirements of Rule 13.51(2) of the Listing Rules and there is no other matter relating to the appointment of Ms. Xie that needs to be brought to the attention of the Stock Exchange or the Shareholders.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Lu for his contribution to the Company during his tenure of office and extend its welcome to Ms. Xie to the Company.

By Order of the Board Xingfa Aluminium Holdings Limited

LIU Libin

Chairman

6 December 2018

As at the date of this announcement, the directors of the Company are as follows:

Executive Directors:

Mr. LIU Libin (Chairman)

Mr. LIAO Yuqing (Chief Executive Officer) Ms. ZHANG Li (Chief Financial Officer) Mr. LAW Yung Koon

Mr. WANG Zhihua Mr. LUO JianfengNon-executive Directors:

Mr. ZUO Manlun Ms. XIE JingyunIndependent non-executive Directors:

Mr. CHEN Mo Mr. HO Kwan Yiu

Mr. LAM Ying Hung, Andy Mr. LIANG Shibin

* For identification purpose only

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Xingfa Aluminium Holdings Ltd. published this content on 06 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 December 2018 11:21:06 UTC