Hosa International : Announcements and Notices - Announcement in Relation to Dealings in Securities of A Director During the Black-out Period

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HOSA INTERNATIONAL LIMITED खӍ਷ყϞࠢʮ̡

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 02200)

ANNOUNCEMENT IN RELATION TO DEALINGS IN SECURITIES OF A DIRECTOR

DURING THE BLACK-OUT PERIOD

This announcement is made by Hosa International Limited (the "Company") pursuant to paragraph C.14 of Appendix 10 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

As disclosed in the announcement of the Company dated

• A. 10 July 2018, Ho Born Investment Holdings Limited ("Ho Born") and Well Born Industrial Group Limited ("Well Born") had previously entered into certain margin financing arrangements with certain securities firms (each a "Securities Firm", and collectively the "Securities Firms") and, pursuant to such arrangements, deposited certain shares of the Company held by them (the "Margin Securities") with the Securities Firms as collateral to secure such margin financing;

• B. 6 August 2018, a total of 23,8000,000 Shares held by Ho Born and Well Born, controlled corporations of Mr. Shi Hongliu ("Mr. Shi"), were sold by the Securities Firms on 1 August 2018 and 3 August 2018 as a result of the decrease in share price of the Company.

Mr. Shi informed the Company that:

• (1) on 15 August 2018, further parts of the Margin Securities, being 12,830,000 and 2,200,000 Shares held by Well Born and Ho Born, controlled corporations of Mr.

  Shi, respectively, were sold by the Securities Firms as a result of the decrease in share price of the Company;

• (2) Mr. Shi was in a passive position and did not have control over the Disposals.

Pursuant to paragraph A.3 of Appendix 10 to the Listing Rules, the directors of the Company (the "Directors") are prohibited from dealing in any securities of the Company on any day on which its financial results are published during the period of 30 days immediately preceding the publication date of the half-year results (the "Black-out Period"). The date of the meeting of the Board for the publication of the half-year results for the six months ended 30 June 2018 is tentatively scheduled on 31

August 2018. Therefore, the Disposals occurred within the Black-out Period.

The Directors (except Mr. Shi), after considering the above mentioned situation of Mr.

Shi, concluded that the Disposals occurred under exceptional circumstances within the meaning of paragraph C.14 of Appendix 10 of the Listing Rules.

By order of the Board

Hosa International Limited

Shi Hongliu

Chairman

Hong Kong, 20 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.