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.

Jin Bao Bao Holdings Limited

金 寶 寶 控股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 01239)

UPDATES ON THE MAJOR TRANSACTION

DISPOSAL OF THE ENTIRE ISSUED SHARE CAPITAL OF CHENG HAO INTERNATIONAL LIMITED

References are made to the announcements issued by Jin Bao Bao Holdings Limited (the ''Company'') dated (i) 19 April 2017 in respect of the Disposal; and (ii) dated 12 May 2017 and 31 May 2017 in relation to the delay in despatch of the Circular issued by the Company (collectively being the ''Announcements''). Capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements, unless the context requires otherwise.

On 9 June 2017, the Company was informed by the Stock Exchange that it was of the view that the Company would not have sufficient operations and assets to meet Rule 13.24 of the Listing Rules upon completion of the Disposal.

The Company is now seeking advices from its legal advisers on the abovementioned matter and to decide whether to apply to the Listing Committee of the Stock Exchange for a review on such ruling.

Further announcement(s) will be made by the Company as and when appropriate to update the Shareholders regarding the status of the Disposal.

By Order of the Board

Jin Bao Bao Holdings Limited Xie Yan

Executive Director

Hong Kong, 9 June 2017

As at the date of this announcement, the Board comprises Mr. Ling Zheng, Mr. He Xiaoming, Ms. Ngai Mei and Ms. Xie Yan as executive Directors; Mr. Lee Chi Hwa, Joshua, Mr. Lam Chi Wai and Mr. Chan Chun Kau as independent non-executive Directors.

In the case of any inconsistency, the English text of this announcement shall prevail over the Chinese text.

Jin Bao Bao Holdings Ltd. published this content on 16 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 June 2017 07:10:05 UTC.

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