IPE : CHANGE OF PRINCIPAL PLACE OF BUSINESS IN HONG KONG

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.

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 929)

CHANGE OF PRINCIPAL PLACE OF BUSINESS IN HONG KONG

The board of directors (the ''Board'') of IPE Group Limited (the ''Company'') hereby announces that the Company's principal place of business in Hong Kong will be changed from ''Block E1, 11th Floor, Hoi Bun Industrial Building, No. 6 Wing Yip Street, Kwun Tong, Kowloon, Hong Kong'' to ''Unit 5-6, 23/F, Enterprise Square Three, 39 Wang Chiu Road, Kowloon Bay, Hong Kong'' with effect from 20 December 2018.

By order of the Board IPE Group Limited Zeng Guangsheng

Chairman

Hong Kong, 19 December 2018

As at the date of this announcement, the Board comprises two executive directors, namely, Mr. Zeng Guangsheng (Chairman and Chief Executive Officer) and Mr. Ng Hoi Ping; one non-executive director, namely, Ms. Zeng Jing; and three independent non-executive directors, namely, Mr. Yang Rusheng, Mr. Cheung, Chun Yue Anthony and Mr. Mei Weiyi.

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For identification purposes only