Hong Kong Resources : EXTENSION OF COMPLETION DATE IN RELATION TO THE ISSUE OF CONVERTIBLE BONDS UNDER SPECIFIC MANDATE

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 for information purposes only and does not constitute an invitation or solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities.

HONG KONG RESOURCES HOLDINGS COMPANY LIMITED

香港資源控股有限公司

(Incorporated in Bermuda with limited liability

and carrying on business in Hong Kong as HKRH China Limited)

(Stock Code: 2882)

EXTENSION OF COMPLETION DATE IN RELATION TO THE ISSUE OF CONVERTIBLE BONDS UNDER SPECIFIC MANDATE

Reference is made to the circular of Hong Kong Resources Holdings Company Limited (the "Company") dated 18 July 2019 (the "Circular") in relation to the issue of convertible bonds under specific mandate. Unless otherwise defined, capitalised terms used herein have the same meanings as defined in the Circular.

EXTENSION OF COMPLETION DATE

The Board is pleased to announce that all the conditions set out in the Subscription Agreement have been fulfilled. As disclosed in the Circular, the Completion of the Subscription is expected to take place within three Business Days after the fulfillment of the conditions of the Subscription. After arm's length negotiations, the Company and the Subscriber have agreed to extend the Completion Date to no later than 26 September 2019.

1

Save as the aforesaid, all other terms and conditions of the Subscription Agreement shall remain unchanged and continue in full force and effect.

By order of the Board

Hong Kong Resources Holdings Company Limited

Li Ning

Chairman

Hong Kong, 6 September 2019

As at the date of this announcement, the Board comprises Mr. Li Ning (Chairman), Mr. Xu Zhigang (Chief Executive Officer), Ms. Dai Wei and Mr. Hu Hongwei as executive directors and Dr. Loke Yu alias Loke Hoi Lam, Mr. Xu Xiaoping and Mr. Fan, Anthony Ren Da as independent non-executive directors.

2