Hosa International : Announcements and Notices - Announcement - Update on Proposed Transfers

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HOSA INTERNATIONAL LIMITED खӍ਷ყϞࠢʮ̡

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 02200)

ANNOUNCEMENT

UPDATE ON PROPOSED TRANSFERS

Reference is made to the announcement (the "Announcement") of Hosa International Limited (the "Company") dated 10 July 2018. Terms defined in the Announcement shall have the same meanings when used herein unless otherwise stated.

The Board would like to inform the Shareholders and potential investors that, as informed by Mr. Shi Hongyan, the Executive has confirmed that the Transfers will not trigger an obligation on the part of Mr. Shi Hongyan to make a general offer for the Shares of the Company.

Further, the Company was informed that as of the date of this announcement, the Transfers had not been completed. The Company will publish further announcement upon completion of the Transfers.

Shareholders and potential investors of the Company are reminded to exercise caution when dealing in the securities of the Company.

By order of the Board

Hosa International Limited

Shi Hongliu

Chairman

Hong Kong, 14 August 2018

As at the date of this announcement, the executive directors are Mr. Shi Hongliu, Mr. Shi Hongyan and Mr. Shi Zhixiong, and the independent non-executive directors are Mr. Yao Ge and Mr. He Wenyi.

All directors of the Company jointly and severally accept full responsibility for the accuracy of information contained in this announcement and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.