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HENGXIN TECHNOLOGY LTD.

亨 鑫 科 技 有 限 公 司 *

(carrying on business in Hong Kong as HX Singapore Ltd.) (Incorporated in Singapore with limited liability)

(Singapore Registration No.: 200414927H)

(Hong Kong Stock Code: 1085) (Singapore Stock Code: I85)


VOLUNTARY ANNOUNCEMENT RECENT BUSINESS UPDATES

This announcement is made on a voluntary basis to keep the shareholders of Hengxin Technology Ltd. (the ''Company'', together with its subsidiaries, the ''Group'') and potential investors informed of the latest business development of the Company.


  1. AWARD OF TENDERS


    In an integrated procurement exercise of feeder cables and other products for 2016 and 2017 conducted by a major telecom operator in China, the Group's wholly-owned

    subsidiary, Jiangsu Hengxin Technology Co., Ltd. (江蘇亨鑫科技有限公司) (''Jiangsu

    Hengxin'') was awarded with tenders in respect of products for all five categories and acquired top three rankings in tenders awarded in each of the product categories, details of which are set forth in the table below.


    The terms of the tenders will cover a period of 2 years with a substantial increase in demand. These tenders would enable Jiangsu Hengxin to secure top position in the market share of its main products for the next 2 years. In terms of both revenue and sales quantity, it was the biggest winner in this integrated procurement exercise.



    Categories


    Feeder Cables


    Lightning

    Arresters Connectors Jumpers

    Leaky Coaxial Cables


    Overall ranking 1st 1st 3rd 2nd 2nd


  2. GRANT OF APPROVAL FOR PARTICIPATING IN THE DRAFTING OF INTERNATIONAL STANDARD OF RADIATING CABLES


Jiangsu Hengxin has recently received an official written certificate from China Electronics Standardization Institute (''CESI'') (中國電子技術標準化研發院), certifying

that an international standard IEC61196-4 ''Coaxial communication cables - Part 4 :

Sectional specification for radiating cables'', which was proposed and developed by China, has been approved to be a legitimate International Electrotechnical Commission (''IEC'') standard (the ''Standard'') by IEC in 2015. Details are as follows:


Code of Standard Name of Standard Principal Drafting Parties


IEC 61196-4 Coaxial communication cables

- Part 4 : Sectional

specification for radiating cables

China Electronics

Standardization Institute,

Jiangsu Hengxin Technology Co., Ltd.


The CESI is a professional institute under the Ministry of Industry and Information Technology, which focuses on standardisation work under the areas of, inter alia, scientific research, testing, measurement and certification in the field of electronics and information technology.


Being one of the major drafting parties for the Standard signifies that the technological standard commanded by Jiangsu Hengxin's radiating cables products is both the highest in China and is on par with those leading international standards. The establishment of the Standard is a favorable development for the Company in building up its corporate image and enhancing its corporate profile. This will also help to drive domestic corporations to actively strengthen their research and development as well as the overall level of quality control in the industry.


With the implementation of China's strategies of ''Go Global'' and ''One Belt, One Road'', our cable products will undoubtedly be recognised by more customers in both domestic and overseas markets, extending the influence of the Hengxin brand and thereby raising our business development opportunities.


The Board wishes to state that no forecast or prediction of the profits of the Group has been made with regard to the award of the above tenders and/or the drafting of the above Standard.


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


By Order of the Board

Hengxin Technology Ltd.

Cui Wei

Chairman


Hong Kong, 25 January 2016


As at the date of this announcement, the executive directors of the Company are Mr. Du Xiping and Mr. Xu Guoqiang; the non-executive directors of the Company are Mr. Cui Wei and Ms. Zhang Zhong; and the independent non-executive directors of the Company are Mr. Tam Chi Kwan Michael, Dr. Li Jun and Mr. Pu Hong.


* For identification purposes only

Hengxin Technology Ltd. issued this content on 25 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2016 10:28:04 UTC

Original Document: http://hengxin.listedcompany.com/newsroom/20160125_181523_I85_TIJRAOIUI7QM52LA.1.pdf