Xiao Nan Guo Restaurants : Announcements and Notices - Voluntary Announcement Strategic Cooperation Letter of Intent with Nippon Access, Inc.

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Xiao Nan Guo Restaurants Holdings Limited

小南國餐飲控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3666) VOLUNTARY ANNOUNCEMENT STRATEGIC COOPERATION LETTER OF INTENT WITH NIPPON ACCESS, INC.

The Company is pleased to announce that, on 19 July 2017, the Company and Zhongmin Supply Chain entered into a letter of intent with ACCESS (the "Strategic Cooperation Letter of Intent"). In the future, the three parties will establish a long-term comprehensive strategic cooperation relationship in the business flow, logistics and so on based on the principle of equality and mutual benefit.

The strategic cooperation aims to combine the Company's global brand investment and development strategy, take advantage of the Company's supply chain in China and the research and development advantage of product technology, and the resources of the Company's brands and partners, and expand the following three areas of business cooperation for the food supply chain system in the catering market of China and Japan by integrating the three parties' respective business resources and advantages:

1. In business flow sector, regarding the existing and new customers of the Company and Zhongmin Supply Chain, the parties will expand sales of ACCESS's self-owned commercial goods exported from Japan to expand the sales and profits of the Company, Zhongmin Supply Chain and ACCESS.

2. ACCESS will customize speciality goods of catering industry for the Company and Zhongmin Supply Chain and sell them to the Company and Zhongmin Supply Chain (as the case may be).

3. The three parties will share their logistics resources in the field of logistics in order to lower the logistics costs and increase logistics efficiency and the industry competitiveness.

Given the Company's extensive experience in catering industry and accurate transformation of strategy and Zhongmin Supply Chain's advantageous network and big data in supply-chain and excellent capacity of commodity development and efficient logistics network of ACCESS, this cooperation will be the significant driving force for the Company's transformation from traditional catering industry to brand operation integration platform and is in the interest of the Company and its shareholders as a whole.

Each of Ms. Wang and Ms. Zhu holds 48.75% equity interests in Shanghai Zhongmin Investment, which in turn holds 100% equity interests in Zhongmin Supply Chain. Therefore, Zhongmin Supply Chain is a connected person of the Company.

If further cooperation between the three parties in relation to the Strategic Cooperation Letter of Intent is made, the Company will comply with the requirements of the Listing Rules and further announcement(s) will be made by the Company as and when appropriate.

DEFINITION

In this announcement, unless the context otherwise requires, the following expressions have the following meanings:

"ACCESS" Nippon ACCESS, INC. a food circulation house founded in 1952, with ITOCHU, one of the world's top 500 famous Japanese enterprises, holding its 93.77% interests, and owns Japan's largest third party logistics warehouse network, focusing on the food supply chain

"Company" Xiao Nan Guo Restaurants Holdings Limited (小南國餐飲控股 有限公司) (to be named as TANSH Global Food Group Co., Ltd.) (國際天食集團有限公司), the issued shares of which are

listed on the main board of the Stock Exchange(stock code:3666)

"Controlling Shareholder" has the meaning ascribed to it under the Listing Rules "Listing Rules" The Rules Governing the Listing of Securities on The Stock

Exchange of Hong Kong Limited

"Ms. Wang" Ms. Wang Huimin, the chairlady, the chief executive officer, an executive director of the Company and a Controlling Shareholder of the Company

"Ms. Zhu" Ms. Zhu Xiaoxia, an executive director of the Company

"PRC" The People's Republic of China

"Shanghai Zhongmin Investment"

Shanghai Zhongmin Investment and Development Group Co., Ltd. (上海衆敏投資發展集團有限公司), a company established

in the PRC which holds 100% equity interests in Zhongmin Supply Chain

"Stock Exchange" The Stock Exchange of Hong Kong Limited

"Zhongmin Supply Chain" Shanghai Zhongmin Supply Chain Management Co., Ltd. (上海

衆敏供應鏈管理有限公司), a limited liability company

established in the PRC, is a B2B2C catering and hotel industry supply chain e-commerce platform company

By Order of the Board

Xiao Nan Guo Restaurants Holdings Limited WANG Huimin

Chairlady

Shanghai, the People's Republic of China, 19 July 2017

As at the date of this announcement, the executive directors of the Company are Ms. WANG Huimin, Ms. ZHU Xiaoxia and Ms. WU Wen; the non-executive directors of the Company are Ms. WANG Huili, Mr. WENG Xiangwei and Mr. WANG Hairong; and the independent non-executive directors of the Company are Dr. WU Chun Wah, Mr. LUI Wai Ming and Mr. LIN Lijun.