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.

ANNOUNCEMENT

ISSUANCE OF THE FOURTH TRANCHE OF SUPER & SHORT-TERM

COMMERCIAL PAPER FOR THE YEAR OF 2020

Sinofert Holdings Limited (the "Company") wishes to announce that Sinochem Fertilizer Company Limited ("Sinochem Fertilizer"), an indirect wholly-owned subsidiary of the Company, proposes to issue the fourth tranche of the super & short-term commercial paper for the year of 2020 (the "Issuance") on 24 September 2020 in an amount of RMB500 million with a term of 90 days. The coupon rate of the Issuance is expected to be approximately 2.35% per annum, and the final coupon rate will be announced separately upon completion of the Issuance.

The proceeds from the Issuance will be used to replenish the working capital of the Company. The documents relating to the Issuance have been published on the website of Shanghai Clearing House at http://www.shclearing.comand the website of China Money at http://www.chinamoney.com.cn.

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

For and on behalf of the Board

SINOFERT HOLDINGS LIMITED

Qin Hengde

Executive Director and Chief Executive Officer

Hong Kong, 23 September 2020

As at the date of this announcement, the executive directors of the Company are Mr. Qin Hengde (Chief Executive Officer), Mr. Feng Mingwei and Mr. Harry Yang; the non-executive director of the Company is Mr. Yang Lin; and the independent non-executive directors of the Company are Mr. Ko Ming Tung, Edward, Mr. Lu Xin and Mr. Tse Hau Yin, Aloysius.

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Sinofert Holdings Limited published this content on 23 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2020 08:34:09 UTC