Hengxin Technology : DELAY IN DESPATCH OF CIRCULAR (REVISED)

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.

H E N G X I N T E C H N O L O G Y L T D .

亨 鑫 科 技 有 限 公 司 *

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

(Incorporated in Singapore with limited liability)

(Hong Kong Stock Code: 1085)

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of Hengxin Technology Ltd. (the "Company") dated 10 October 2019 (the "Announcement") in relation to the renewal of the continuing connected transactions (i.e. the 2019 Raw Materials Purchase Master Agreement and the 2019 Products Sales Master Agreement). Unless the context requires otherwise, capitalised terms used hereins hall have the same meanings as those defined in the Announcement.

As disclosed in the Announcement, a circular (the "Circular") containing, among other things, details of the CCT Agreements together with a notice of the EGM, was expected to be despatched to the Shareholders on or before 31 October 2019.

As additional time is required for the Company to finalise the information in the Circular, the expected date of despatch of the Circular will be postponed to a date falling on or before 15 November 2019.

By Order of the Board

Hengxin Technology Ltd.

Cui Wei

Chairman

Hong Kong, 31 October 2019

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

• For identification purpose only