Qingdao International : DISCLOSEABLE TRANSACTION IN RELATION TO AGENCY AND ADVISORY SERVICES AGREEMENT

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.

QINGDAO HOLDINGS INTERNATIONAL LIMITED 青島控股國際有限公司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 00499)

DISCLOSEABLE TRANSACTION IN RELATION TO AGENCY AND ADVISORY SERVICES AGREEMENT

On 6 March 2017 (after trading hours), Prime Concept entered into the Agency and Advisory Services Agreement with Lian Xin in relation to the provision of the Agency and Advisory Services by Prime Concept to Lian Xin.

As the highest applicable Percentage Ratio of the transaction contemplated under the Agency and Advisory Services Agreement exceeds 5% but is less than 25%, the transaction contemplated under the Agency and Advisory Services Agreement constitutes a discloseable transaction for the Company and is subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.

THE AGENCY AND ADVISORY SERVICES AGREEMENT

:	(1)	Prime Concept as service provider; and
(2)	Lian Xin as recipient

Date : 6 March 2017 (after trading hours) Parties

To the best knowledge, information and belief of the Directors, having made all reasonable enquiries, each of Lian Xin and its ultimate beneficial owner(s) is an Independent Third Party.

* For identification purpose only

Services provided : Prime Concept will provide the agency and advisory

services, which include (i) the provision of agency and advisory services in relation to Lian Xin's financing,

(ii) assistance in the preparation of the relevant loan application documents by Lian Xin to potential lender(s) and (iii) assistance in providing information of Lian Xin to potential lender(s) for loan application assessments on Lian Xin's background, financial condition, market reputation and repayment ability (collectively, "Agency and Advisory Services").

Service Fee and term of payment

: In return for the provision of the Agency and Advisory Services under the Agency and Advisory Services Agreement, Prime Concept is entitled to receive the Service Fee from Lian Xin which will be paid to Prime Concept within three Business Days from the signing of the Agency and Advisory Services Agreement.

The Service Fee has been determined after arm's length negotiations between Prime Concept and Lian Xin, taking into account of the time, expertise and resources that Prime Concept will provide in relation to the Agency and Advisory Services.

Within the term of the Agency and Advisory Services Agreement, Prime Concept promises to arrange at least one successful financing service to Lian Xin and the amount of such financing will not be less than US$9,000,000. If Prime Concept fails to assist Lian Xin in securing such a loan, the Service Fee will be refunded to Lian Xin in full within three Business Days after the expiry date of the Agency and Advisory Services Agreement.

Term : The Agency and Advisory Services Agreement shall be for a term of 12 months commencing on the date of the Agency and Advisory Services Agreement and ending on 5 March 2018.

Termination : Either party may terminate the Agency and Advisory

Services Agreement at any time upon giving one month's prior written notice to the other party or such other period as may be agreed by the parties.

REASONS FOR AND BENEFITS OF ENTERING INTO THE AGENCY AND ADVISORY SERVICES AGREEMENT

The Group is principally engaged in the leasing of investment properties, property investments, sub-leasing of car parking spaces and the provision of loan financing. Prime Concept has extensive network in the financing and investment capital markets that may be useful to Lian Xin. Lian Xin may access to the fund holders or corporations in the financing and investment market through Prime Concept and thus obtain loan(s) from potential lender(s). The Board considers that the Agency and Advisory Services Agreement will be beneficial to the Group as the Group could enlarge its revenue with the income generated by providing the Agency and Advisory Services.

The Directors (including the independent non-executive Directors) are of the view that the transactions contemplated under the Agency and Advisory Services Agreement are in the ordinary and usual course of business of the Group and on normal commercial terms, and such terms are fair and reasonable and in the interests of the Company and the Shareholders as a whole.

LISTING RULES IMPLICATIONS

As the highest applicable Percentage Ratio of the transaction contemplated under the Agency and Advisory Services Agreement exceeds 5% but is less than 25%, the transaction contemplated under the Agency and Advisory Services Agreement constitutes a discloseable transaction for the Company and is subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.

GENERAL INFORMATION ON PRIME CONCEPT AND LIAN XIN Information on Prime Concept

Prime Concept is a company incorporated in Hong Kong and principally engaged in sales agency.

Information on Lian Xin

Lian Xin is an investment company incorporated in the British Virgin Islands with limited liability and principally engaged in equity investment.

DEFINITIONS

In this announcement, unless the context otherwise requires, the following terms have the following respective meanings:

"Agency and Advisory Services Agreement"

the agency and advisory services agreement dated 6 March 2017 and entered into between the Prime Concept and Lian Xin

"Board" the board of Directors

"Business Day(s)" a day, other than Saturday or a day on which a tropical

cyclone warning signal No. 8 or above or a black rainstorm warning signal is hoisted in Hong Kong at any time between 9:00 a.m. and 4:00 p.m., on which banks generally are open for business in Hong Kong

"Company" Qingdao Holdings International Limited, a company incorporated in Bermuda with limited liability and whose shares are listed on the main board of the Stock Exchange

"Directors" the director(s) of the Company

"Group" the Company and its subsidiaries

"Hong Kong" the Hong Kong Special Administrative Region of the People's Republic of China

"Independent Third Party(ies)"

person(s) or company(ies) which is/are not connected with the Company or the connected persons of the Company as defined in the Listing Rules

"Lian Xin" Lian Xin International Limited (聯信國際有限公司), a company incorporated in the British Virgin Islands with limited liability

"Listing Rules" the Rules Governing the Listing of Securities on the

Stock Exchange (as amended from time to time)

"Percentage Ratio(s)" the percentage ratio(s) as set out in Rule 14.07 of the

Listing Rules to be applied for determining the classification of a transaction for the purposes of Chapter 14 of the Listing Rules

"Prime Concept" Prime Concept Development Limited (意柏發展有限

公司), a company incorporated in Hong Kong with limited liability, is a wholly-owned subsidiary of the Company

"Service Fee" the service fee of US$ 135 , 000 ( equivalent to HK$1,053,000) under the Agency and Advisory Service Agreement

"Shareholders" holders of the ordinary shares(s) of the Company with a par value of HK$0.1 each

"Stock Exchange" The Stock Exchange of Hong Kong Limited "%" per cent.

By Order of the Board

Qingdao Holdings International Limited Jiang Yi

Executive Director and Chief Executive Officer

Hong Kong, 6 March 2017

As at the date of this announcement, the Executive Directors are Mr. Xing Luzheng (Chairman), Mr. Chen Mingdong (Vice-chairman), Mr. Jiang Yi (Chief Executive Officer), Mr. Wang Yimei and Mr. Yuan Zhi; and the Independent Non-executive Directors are Mr. Yin Tek Shing, Paul, Mr. Wong Tin Kit, Ms. Zhao Meiran and Mr. Li Xue.

Note: For illustration purposes, figures in US$ are converted into HK$ at the rate of US$1.00 = HK$7.80. Such conversion shall not be construed as a representation that amounts in US$ was or may have been converted into HK$ using such exchange rate or any other exchange rate or at all.