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Win Hanverky Holdings Limited

(incorporated in the Cayman Islands with limited liability)

(Stock code: 3322)

VOLUNTARY ANNOUNCEMENT SAME STORE SALES GROWTH

FOR THE FOURTH QUARTER OF 2018 AND

THE YEAR ENDED 31 DECEMBER 2018

This announcement is published on a voluntary basis by the board of directors (the ''Board'') of Win Hanverky Holdings Limited (the ''Company'', together with its subsidiaries, the ''Group'') so as to provide an update on the same store sales performance regarding the high-end fashion retailing business of the Group (''High-end Fashion Retailing Business'') for (1) the three months ended 31 December 2018 (''Fourth Quarter 2018'') and (2) the year ended 31 December 2018 (''Year-to-date 2018'').

Although the same store sales growth rate of the offline stores under the High-end Fashion Retailing Business for the Fourth Quarter 2018 and Year-to-date 2018 were approximately -10% and 0% respectively (see below table), the overall revenue growth rate of the High-end Fashion Retailing Business for the corresponding periods achieved approximately +49% and +38% respectively. Such growth was mainly contributed to the strong performance of the new stores under the brand ''Champion'' in Mainland China. Most of the new stores were opened this year which did not have full month operations in the comparable periods and therefore not included in the same store sales growth rate.

The same store sales growth rate of the offline stores under the High-end Fashion Retailing Business in various geographical segments was as follows:

Same store sales growth rate*

Year-on-year change

Fourth Quarter 2018 Year-to-date 2018

Mainland China

-9%

-2%

Hong Kong and Macau

-9%

+3%

Taiwan and Singapore

- 16%

0%

Group

- 10%

0%

Remark:

* Same store sales growth rate represents a comparison of sales of the same offline stores having full month operations in the comparable periods.

As at 31 December 2018, the Group had a total of 181 offline stores (31 December 2017: 150 offline stores) under the High-end Fashion Retailing Business in the following geographical segments. Among which, 42 offline stores (31 December 2017: 5 offline stores) are operating under the brand ''Champion''.

Number of offline stores**

As at

As at

31 December 2018

31 December 2017

Change

Mainland China

133

95

+38

Hong Kong and Macau

36

44

-8

Taiwan and Singapore

12

11

+1

Group

181

150

+31

Remark:

** Number of offline stores includes stores not having full month operations in the comparable periods.

CAUTION STATEMENT

The Board wishes to remind investors that the above operational data is based on the Company's internal records which have not been audited by auditors. The shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

Win Hanverky Holdings Limited

Li Kwok Tung Roy

Chairman

Hong Kong, 11 January 2019

As at the date of this announcement, the directors are Li Kwok Tung Roy, Lai Ching Ping, Lee Kwok Leung, Wong Chi Keung, Chan Kwong Fai#, Ma Ka Chun#, Kwan Kai Cheong# and Chau Pui Lin#.

#

Independent non-executive Directors

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Win Hanverky Holdings Limited published this content on 11 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 January 2019 09:33:04 UTC