Hengxin Technology : Announcement Voluntary Delisting Of The Shares Of Hengxin Technology Ltd. From Singapore Exchange Securities Trading Limited

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.

HENGXIN TECHNOLOGY LTD.

亨 鑫 科 技 有 限 公 司 *

(carrying on business in Hong Kong as HX Singapore Ltd.)

(incorporated in Singapore with limited liability)

(Singapore Registration No.: 200414927H)

(Hong Kong Stock Code: 1085)

(Singapore Stock Code: I85)

ANNOUNCEMENT

VOLUNTARY DELISTING OF THE SHARES OF

HENGXIN TECHNOLOGY LTD.

FROM SINGAPORE EXCHANGE SECURITIES TRADING LIMITED

The Delisting from the SGX-ST will take effect on 5 February 2018.

INTRODUCTION

The board (the ''Board'') of directors (the ''Director(s)'') of Hengxin Technology Ltd. (the ''Company'') refers to the announcement made by the Company on 24 October 2017 (the ''Delisting Announcement''), the reminder announcements made by the Company on 6 November 2017, 20 November 2017, 4 December 2017 and 18 December 2017, the last day of trading on the SGX-ST announcement on 18 January 2018 and the request for suspension overseas regulatory announcement made by the Company on 19 January 2018.

Unless otherwise defined, all capitalised terms used herein shall bear the same meanings as ascribed to them in the Delisting Announcement.

*

For identification purpose only

THE DELISTING

The Company wishes to announce that their Shares will be delisted from the Official List of the SGX-ST with effect from 9:00 a.m. (Singapore time) on the Delisting Date, i.e. Monday, 5 February 2018.

CDP DEPOSITORS

The CDP Depositors who still have Shares held with the CDP as at the Delisting Date (the ''Remaining Depositors'') will have their Shares withdrawn from the CDP (all fees and expenses imposed by the CDP in this regard as detailed in the Delisting Announcement will still be borne by the Company). Physical share certificates representing the relevant Shares will be despatched by ordinary mail by the Company's principal share registrar in Singapore to these Remaining Depositors based on their addresses recorded in the CDP's depository register, and the names of these Remaining Depositors will be entered into the Company's share register in Singapore as the respective holders of the relevant Shares. Despatch of the share certificate(s) will be made at the risk of the Remaining Depositors.

These Remaining Depositors will have to make their own arrangements and bear their own costs and expenses to lodge their Shares with CCASS or a CCASS participant if they wish to sell or trade their Shares on the HKSE after the Delisting Date.

ACTIONS TO BE TAKEN BY CPFIS INVESTORS

CPFIS Investors whose Shares are held with the CDP through their respective CPF Agent Banks as at the Delisting Date will have their Shares withdrawn from the CDP (all fees and expenses imposed by the CDP in this regard as detailed in the Delisting Announcement will still be borne by the Company). Physical share certificates representing the relevant Shares belonging to CPFIS Investors will then be forwarded to UOB Kay Hian Private Limited (''UOBKH'') for safe-keeping.

For CPFIS Investors who wish to sell or trade their Shares on the HKSE after the Delisting Date, they may do so by opening a trading account with UOBKH to commence the Share Transfer Process. The Company will bear all fees and expenses imposed by the Company's share registrars and UOBKH in connection with the Share Transfer Process if the Share Transfer Process is commenced by a certain deadline which will be notified by the CPF Agent Banks to the CPFIS Investors in due course.

The CPF Agent Banks will provide more information to the CPFIS Investors in due course. In the meantime, CPFIS Investors are advised to exercise caution when dealing in the Shares and refrain from taking any action in relation to their Shares which may be prejudicial to their interests. If they are in any doubt as to the action they should take, CPFIS Investors are advised to contact and consult their respective CPF Agent Banks and/or seek other independent professional advice.

FURTHER INFORMATION

Shareholders of the Company who have any enquiries in relation to the opening of a trading account with UOBKH to trade Shares on the HKSE may contact UOBKH at:

Client Services Hotline: [phone]

Monday to Friday

From 8:30 a.m. to 6:00 p.m. (Singapore time)

By Order of the Board Hengxin Technology Ltd.

Cui Wei Chairman

Singapore, 1 February 2018

As at the date of this announcement, the executive Directors are Mr. Du Xiping and Mr. Xu Guoqiang; the non-executive Directors are Mr. Cui Wei and Ms. Zhang Zhong; and the independent non-executive Directors are Mr. Tam Chi Kwan Michael, Dr. Li Jun and Mr. Pu Hong.