Hanhua Financial : ANNOUNCEMENT PURSUANT TO RULE 13.51B(2) OF THE LISTING RULES

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Hanhua Financial Holding Co., Ltd.*

瀚華金控股份有限公司

(A joint stock limited liability company incorporated in the People's Republic of China)

(Stock Code: 3903)

ANNOUNCEMENT PURSUANT TO RULE 13.51B(2) OF THE

LISTING RULES

References are made to the announcements of Hanhua Financial Holding Co., Ltd. (the "Company") dated 24 May 2019 and 29 May 2019 (the "Announcements"). Unless otherwise defined, capitalized terms used in this announcements shall have the same meaning as defined in the Announcement.

The Board was informed that, in relation to the incident set forth in the Announcements, Loncin Holdings Co., Limited ("Loncin Holdings") received a decision (the "Decision") on administrative supervision measures issued by Shanghai Securities Regulatory Bureau on 10 July 2019. Mr. Tu Jianhua, non- executive director of the Company, holds 2% equity interests in Locin Holdings. Mr. Tu holds 98% equity interests in Loncin Group Co., Ltd., controlling shareholder of Loncin Holdings. Loncin Holdings holds 432,188,780 domestic shares of the Company, representing approximately 9.4% of the existing issued share capital of the Company.

Loncin Holdings has openly committed in relation to the incidents set forth in the Announcements to return the funds (the "Commitment") before 23 June 2019. The Commitment has not yet been fulfilled.

In the Decision, pursuant to Article 6(1) of the "Guidelines for Supervision of Listed Companies No. 4 - Undertakings of and performance by actual controllers, shareholders, related parties, purchasers of listed companies and of listed companies", Loncin Holdings was ordered to apply ratification mearures, to actively applying effective measures, and strictly implement Loncin Holdings' Commitment to resolve the non-complying occupation of funds. A ratification report shall be submitted to the Shanghai Securities Regulatory Bureau within 30 days from the date of receipt of the Decision.

By order of the Board

Hanhua Financial Holding Co., Ltd.

Zhang Guoxiang

Chairman of the Board

Chongqing, the PRC, 10 July 2019

As at the date of this announcement, the executive directors of the Company are Mr. ZHANG Guoxiang, Mr. WANG Dayong and Mr. CUI Weilan; the non-executive directors of the Company are Mr. TU Jianhua, Ms. LIU Jiaoyang, Ms. LIU Tingrong, Ms. WANG Fangfei, Mr. FENG Yongxiang and Mr. LIU Bolin; and the independent non-executive directors of the Company are Mr. BAI Qinxian, Mr. DENG Zhaoyu, Mr. QIAN Shizheng, Mr. NG Leung Sing and Mr. YUAN Xiaobin.

* For identification purpose only