Huabang Financial : VOLUNTARY ANNOUNCEMENT - INCREASE IN SHAREHOLDING BY SUBSTANTIAL SHAREHOLDER

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(Incorporated in the Cayman Islands with limited liability)

(Stock code: 3638) VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING BY SUBSTANTIAL SHAREHOLDER

This is a voluntary announcement made by Huabang Financial Holdings Limited (the "Company") to inform its shareholders and potential investors in relation to the increase in shareholding by a substantial shareholder, Forever Star Capital Limited ("Forever Star"). Each of Mr. George Lu and his spouse, Ms. Shen Wei holds 50% interests in Forever Star respectively. Mr. George Lu is also the chairman and an executive director of the Company.

The Company was informed that Forever Star acquired 9,804,000 ordinary shares of the Company (the "Shares") at an average price of HK$0.8445 each on 7 September 2017 (the "Acquisition").

Immediately prior to the Acquisition, Forever Star was interested in 2,196,072,000 Shares, representing approximately 56.94% of the total issued share capital of the Company as at the date of this announcement. Immediately after the Acquisition, Forever Star was interested in 2,205,876,000 Shares, representing approximately 57.20% of the total issued share capital of the Company as at the date of this announcement.

By order of the Board

Huabang Financial Holdings Limited George Lu

Chairman & Chief Executive Officer

Hong Kong, 7 September 2017

As at the date of this announcement, the Executive Directors of the Company are Mr. George Lu, Mr. Lau Wan Po, Mr. Pang Chung Fai Benny and Ms. Lau Wing Sze; and the independent Non-Executive Directors of the Company are Mr. Loo Hong Shing, Vincent, Mr. Shin Yick Fabian, Mr. Mu Binrui and Mr. Lam Allan Loc.