HENGXIN TECHNOLOGY LTD. (Company Registration No. 200414927H) (Incorporated in Singapore)

INCREASE IN INVESTMENT IN THE SUBSIDIARY OF HENGXIN TECHNOLOGY LTD. (THE "COMPANY")

Reference is made to the announcement of the Company datcd 2 November 2012, regarding the increase in investments in the subsidiary of the Company. The Company wishes to announce that the Company has increased its investment in its wholly-owned subsidiary in China, Jiangsu Hengxin Technology Co., Ltd ("Jiangsu Hengxin"). The additional investment amounts to US$4 million.
Following the above investment, the total paid up capitai of Jiangsu Hengxin will be US$53 million .
The investment of US$4 million (the "Investment") in the capitai of Jiangsu Hengxin is funded from the proceeds raised from the Company's initia1 public offering ("IPO") on The Stock Exchange of Hong Kong Limited in December 2010. The purpose of the Investment is in line with the proposed use of IPO proceeds as outlined in the section headed "Future Plans and Use of Proceeds" of the Company's prospectus in relation to the IPO dated 14 December 2010 and the Company's subsequent announcement on change in use of proceeds dated 9 October 2012.
The above Investment is not expected to have any materia} effect on the net tangible assets per share or earnings per share of the Company for the financial year ending 31 December 2013.
None of the directors, controlling shareholders or substantial shareholders of the Company has any interest, direct or indirect, in the above Investment.
By Order of the Board
Cui Genxiang

Executive Chairman

7 January 2013

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