Pou Sheng International : APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of Pou Sheng International (Holdings) Limited nor is it a solicitation of any vote or approval in any jurisdiction.

POU SHENG INTERNATIONAL (HOLDINGS) LIMITED 寶勝國際（控股）有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 3813)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Reference is made to the joint announcement of Pou Chen Corporation ("Pou Chen"), Yue Yuen Industrial (Holdings) Limited ("Yue Yuen") and Pou Sheng International (Holdings) Limited (the "Company") dated January 21, 2018 (the "Joint Announcement") in relation to, among other things, the proposed privatisation of the Company by Pou Chen by way of a scheme of arrangement (under section 99 of the Companies Act 1981 of Bermuda); the proposed withdrawal of listing of the Company; and the possible major and connected transaction for Yue Yuen in relation to the effective disposal of its shareholding in the Company. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Joint Announcement.

The board of directors of the Company (the "Board") is pleased to announce that Anglo Chinese Corporate Finance, Limited ("Anglo Chinese"), a corporation licensed to carry on Type 1 (dealing in securities), Type 4 (advising on securities), Type 6 (advising on corporate finance) and Type 9 (asset management) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong), has been appointed as the independent financial adviser to advise the Pou Sheng IBC in respect of the Proposal, the Scheme and the Option Offer. The Pou Sheng IBC, comprising all non-executive directors and independent non-executive directors of the Company who are not interested in the Proposal, namely, Mr. Li I-nan, Mr. Chen, Huan-Chung, Mr. Hsieh, Wuei-Jung and Mr. Shan Xue, has been established by the Board and has approved such appointment of Anglo Chinese pursuant to Rule 2.1 of the Takeovers Code. The letter of recommendation from the Pou Sheng IBC and the letter of advice from Anglo Chinese in respect of the Proposal, the Scheme and the Option Offer will be included in the Scheme Document to be despatched by the Company to the Pou Sheng Shareholders and the Pou Sheng Optionholders.

WARNING: Pou Sheng Shareholders and potential investors of the Company should be aware that the implementation of the Proposal and the Scheme is subject to the Conditions being fulfilled or waived (as applicable), and thus the Proposal may or may not be implemented and the Scheme may or may not become effective. Pou Sheng Shareholders and potential investors of the Company should therefore exercise caution when dealing in the securities of the Company. Persons who are in doubt as to the action they should take should consult their stockbroker, bank manager, solicitor or other professional advisers.

By Order of the Board of

Pou Sheng International (Holdings) Limited

Wu, Pan-Tsu

Chairman

Hong Kong, January 30, 2018

As at the date of this announcement, the Board comprises Mr. Wu, Pan-Tsu (Chairman) and Mr. Lee, Shao-Wu (Chief Executive Officer) as executive directors; Ms. Tsai Patty, Pei Chun and Mr. Li I-nan as non-executive directors; and Mr. Chen, Huan-Chung, Mr. Hsieh, Wuei-Jung and Mr. Shan Xue as independent non-executive directors.

The directors of the Company jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.