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.

CENTRAL DEVELOPMENT HOLDINGS LIMITED

中發展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 475)

CHANGE OF NAME OF

PRINCIPAL SHARE REGISTRAR AND TRANSFER AGENT

IN THE CAYMAN ISLANDS

The board of directors (the "Board") of Central Development Holdings Limited (the "Company") hereby announces that the name of the Company's principal share registrar and transfer agent in the Cayman Islands has changed from "SMP Partners (Cayman) Limited" to "Suntera (Cayman) Limited" (the "Principal Share Registrar") with effect from 4 September 2020. The address of the Principal Share Registrar remains unchanged.

The Company's branch share registrar and transfer office in Hong Kong is still maintained by Tricor Investor Services Limited at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong.

By order of the Board

Central Development Holdings Limited

Chow Chi Shing

Company Secretary

Hong Kong, 10 September 2020

As at the date of this announcement, the Board consists of three executive Directors, namely Mr. Wu Hao, Mr. Hu Yangjun and Mr. Chan Wing Yuen, Hubert; a non-executive Director, namely Mr. Li Wei Qi, Jacky; and three independent non-executive Directors, namely Mr. Wu Chi Keung, Mr. Jin Qingjun and Ms. Sun, Ivy Connie.

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Zhong Fa Zhan Holdings Limited published this content on 10 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2020 10:09:07 UTC