China Hanking : CHANGE OF JOINT COMPANY SECRETARY, WAIVER FROM STRICT COMPLIANCE WITH RULE 3.28 AND RULE 8.17 OF THE LISTING RULES AND CHANGE OF AUTHORISED REPRESENTATIVE

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CHINA HANKING HOLDINGS LIMITED

(incorporated in the Cayman Islands with limited liability)

(Stock code: 03788)

CHANGE OF JOINT COMPANY SECRETARY, WAIVER FROM STRICT COMPLIANCE WITH RULE 3.28 AND RULE 8.17 OF THE LISTING RULES AND CHANGE OF AUTHORISED REPRESENTATIVE

The board of directors (the "Board") of China Hanking Holdings Limited (the "Company") hereby announces that due to change of the work commitment, Ms. So Lai Shan ("Ms. So") has tendered her resignation as a joint company secretary of the Company, an authorised representative of the Company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and an authorised representative of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 20 April 2021.

Ms. So confirmed that she has no disagreement with the Board and there are no matters relating to her resignation that need to be brought to the attention of the shareholders of the Company.

The Board is pleased to announce that Ms. Wong Sau Ping ("Ms. Wong") has been appointed as a joint company secretary of the Company, an authorised representative of the Company under the Listing Rules and an authorised representative of the Company under Part 16 of the Companies Ordinance in replacement of Ms. So with effect from 20 April 2021. Ms. Zhang Jing ("Ms. Zhang") remains as the other joint company secretary of the Company.

The Stock Exchange of Hong Kong Limited (the "Stock Exchange") has granted a waiver (the "Waiver") to the Company from strict compliance with the requirements under Rules 3.28 and 8.17 of the Listing Rules for a period from the date of appointment of Ms. Wong as a joint company secretary of the Company to 23 August 2021 (the "Remaining Waiver Period") in relation to the eligibility of Ms. Zhang to act as a joint company secretary of the Company on the conditions that:

1. Ms. Zhang must be assisted by Ms. Wong during the Remaining Waiver Period; and

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1. the Waiver could be revoked if there are material breaches of the Listing Rules by the Company.

At the end of the Remaining Waiver Period, the Company must demonstrate and seek the confirmation of the Stock Exchange that Ms. Zhang, having had the benefit of Ms. Wong's assistance during the Remaining Waiver Period, has attained the relevant experience and is capable of discharging the functions of company secretary under Rule 3.28 of the Listing Rules such that a further waiver will not be necessary.

The biographical details of Ms. Zhang and Ms. Wong are as follows:

Ms. Zhang Jing, joined the Company in March 2011 and since then up to the date of this announcement, she serves as the manager of the compliance department, director-general of the office of the Board and manager of the investor relationship department of the Company, as well as the supervisor of Fushun Hanking Aouniu Mining Co., Ltd, a subsidiary of the Company. She has been appointed as a joint company secretary of the Company since 24 August 2018. Ms. Zhang obtained the bachelor degree of law from China University of Political Science and Law, and obtained the master degree specialising in international business law and European Union law from the University of Sheffield in the UK. Ms. Zhang served as a practising lawyer at Yunnan Qianhe Law Firm from February 2005 to February 2009, providing corporate and securities legal services, where she acted as legal consultant for a number of listed companies. With the past and current positions she held in the Group, Ms. Zhang has over 12 years of experience in corporate governance, listing compliance as well as investor relationship management.

Ms. Wong Sau Ping, a fellow member of The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute in the United Kingdom. She has over 20 years of experience in company secretarial field. Ms. Wong is currently an associate director of the Listing Services Department of TMF Hong Kong Limited (a global corporate services provider).

The Board would like to take this opportunity to express its gratitude to Ms. So for her past contributions to the Company during her tenure of service and also express its warm welcome to Ms. Wong on her new appointment.

By order of the Board

China Hanking Holdings Limited

Yang Jiye

Chairman and executive director

Shenyang, the PRC, 20 April 2021

As at the date of this announcement, the executive directors of the Company are Mr. Yang Jiye, Mr. Zheng Xuezhi and Dr. Qiu Yumin; the non-executive directors of the Company are Mr. Kenneth Lee and Mr. Xia Zhuo; and the independent non-executive directors of the Company are Mr. Wang Ping, Dr. Wang Anjian and Mr. Ma Qingshan.

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