COMPLETION OF REDEMPTION IN FULL OF 7.75% SENIOR NOTES DUE 2020 (ISIN: XS1160444391; Common Code: 116044439; Stock Code: 5523)

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.

This announcement is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of an offer to sell any securities and neither this announcement nor anything herein forms the basis for any contract or commitment whatsoever. This announcement does not constitute, and may not be used in connection with, any form of offer or solicitation in any place where such offers or solicitations are not permitted by law.

CIFI Holdings (Group) Co. Ltd.

ϛ ሾ છ ٰ€ ණ ྠ Ϟ ࠢ ʮ ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 00884)

COMPLETION OF REDEMPTION IN FULL OF

7.75% SENIOR NOTES DUE 2020

(ISIN: XS1160444391; Common Code: 116044439; Stock Code: 5523)

Reference is made to the announcement of CIFI Holdings (Group) Co. Ltd. ( ϛሾછٰ€ණ ྠϞࠢʮ̡ ) (the "Company") dated 4 July 2019 (the "Announcement") in relation to the redemption of the Notes. Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcement.

The Company has redeemed an aggregate principal amount of US$250,000,000 of all of the outstanding Notes on the Redemption Date (the "Redemption") at the redemption price equal to 101.9375% of the principal amount thereof, being US$254,843,750, plus accrued and unpaid interest of US$3,228,000 to (but not including) the Redemption Date. The total redemption price paid by the Company on the Redemption Date is US$258,071,750.

The Company considers that there will be no material impact on its financial position as a result of the Redemption. Upon completion of the Redemption, the Notes will be cancelled and delisted from the Stock Exchange. There are no outstanding Notes in issue after the Redemption.

The Company has applied to the Stock Exchange for the withdrawal of listing of the Notes. Such withdrawal of listing is expected to become effective upon the close of business on 12 August 2019.

By order of the Board CIFI Holdings (Group) Co. Ltd.

LIN Zhong

Chairman

Hong Kong, 5 August 2019

As at the date of this announcement, the Board comprises Mr. LIN Zhong, Mr. LIN Wei, Mr. LIN Feng, Mr. CHEN Dongbiao and Mr. YANG Xin as executive Directors; Mr. WANG Wei as non-executive Director; and Mr. GU Yunchang, Mr. ZHANG Yongyue and Mr. TAN Wee Seng as independent non-executive Directors.