Shenzhen International : Change of Company Secretary and Authorised Representatives and Waiver from Strict Compliance with Rules 3.28 and 8.17 of the Listing Rules

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.

(Incorporated in Bermuda with limited liability)

(Stock Code: 00152)

CHANGE OF COMPANY SECRETARY AND AUTHORISED

REPRESENTATIVES

AND

WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17

OF THE LISTING RULES

RESIGNATION OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVES

The board (the "Board") of directors of Shenzhen International Holdings Limited (the "Company") announces that Ms. Tam Mei Mei ("Ms. Tam") has resigned from her positions as the company secretary of the Company and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and an authorised representative of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (collectively, the "Authorised Representatives") with effect from 7 August 2020. Ms. Tam has confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company.

APPOINTMENT OF JOINT COMPANY SECRETARIES AND AUTHORISED REPRESENTATIVES

The Board further announces that Mr. Liu Wang Xin ("Mr. Liu") together with Ms. Lam Yuen Ling Eva ("Ms. Lam") have been appointed as the joint company secretaries of the Company (each a "Joint Company Secretary") and Mr. Liu has also been appointed as the Authorised Representatives, with effect from 7 August 2020.

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The biographical details of Mr. Liu and Ms. Lam are as follows:

Mr. Liu

Mr. Liu is a non-practising member of The Chinese Institute of Certified Public Accountants and was certified by the Department of Personnel of Guangdong Province as possessing qualifications of a senior accountant. He obtained a Bachelor of Economics majoring in Accounting from Shenzhen University, and was awarded the professional designation of Certification in Risk Management Assurance by The Institute of Internal Auditors.

Mr. Liu joined the Group in 2002. He is currently a director and the general manager of Shenzhen International Limited, a wholly-owned subsidiary of the Company, and a supervisor of Shenzhen Airlines Company Limited, an associate of the Company. He was the general manager of the Audit Department (which was later renamed as the Risk Management Department) of the Company. He was an independent director of Shenzhen Mason Technologies Co., Ltd., a company listed on the Shenzhen Stock Exchange. Mr. Liu has over 20 years of experience in accounting, internal audit and internal control and risk management.

Ms. Lam

Ms. Lam is a fellow of both The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute. She obtained a Higher Certificate in Company Secretaryship and Administration from the Hong Kong Polytechnic University and was awarded a degree of Master of Science in Corporate Governance and Directorship by the Hong Kong Baptist University. Ms. Lam has over 20 years of experience in providing company secretarial services and commercial solutions. She is currently a director of BMI Listed Corporate Services Limited and is responsible for supervising the company secretarial teams to provide full range of listed and private company secretarial services to clients. Ms. Lam is also the company secretary or joint company secretary of various companies listed on the Stock Exchange.

WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

Ms. Lam possesses the qualifications of a company secretary as required under Rule 3.28 of the Listing Rules. Based on the professional qualifications, work experience and educational background of Mr. Liu and the expected assistance by Ms. Lam, the Company has applied to the Stock Exchange for, and the Stock Exchange has granted, a waiver (the "Waiver") from strict compliance with the requirements under Rules 3.28 and 8.17 of the Listing Rules with respect to the appointment of Mr. Liu as a Joint Company Secretary for a period of three years from the date of such appointment (the "Waiver Period"). The Waiver is granted on the conditions that (i) Mr. Liu will be assisted by Ms. Lam during the Waiver Period; (ii) the Company notifies the Stock Exchange at the end of the Waiver Period for the Stock Exchange to re-visit the situation, and the Stock Exchange expects that, after the end of the Waiver Period, the Company will be able to demonstrate that Mr. Liu satisfies Rule 3.28 of the Listing Rules, after having the benefit of Ms. Lam's assistance such that a further waiver will not be necessary; and (iii) the Company announces the details of the Waiver, including its reasons and conditions. The Waiver will be revoked immediately if and when Ms. Lam ceases to provide assistance to Mr. Liu. The Stock Exchange may change or withdraw the Waiver if the Company's situation changes.

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The Board would like to take this opportunity to thank Ms. Tam for her valuable contributions to the Company during her tenure of service and welcome Mr. Liu and Ms. Lam on their appointments.

By order of the Board

Shenzhen International Holdings Limited

Li Hai Tao

Chairman

Hong Kong, 7 August 2020

As at the date of this announcement, the board of directors of the Company consists of Messrs. Li Hai Tao, Zhong Shan Qun, Liu Jun and Hu Wei as executive directors, Mr. Liu Xiao Dong as non-executive director and Professor Cheng Tai Chiu, Edwin, Messrs. Pan Chao Jin and Chan King Chung as independent non- executive directors.

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