Zhuhai Investment : ANNOUNCEMENT MADE PURSUANT TO RULE 13.18 OF THE LISTING RULES TERM LOAN FACILITY OF UP TO RMB400 MILLION

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ZHUHAI HOLDINGS INVESTMENT GROUP LIMITED

珠海控股投資集團有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 00908)

ANNOUNCEMENT MADE PURSUANT TO RULE 13.18

OF THE LISTING RULES

TERM LOAN FACILITY OF UP TO RMB400 MILLION

This announcement is made by the board ("Board") of directors of Zhuhai Holdings Investment Group Limited ("Company") pursuant to the disclosure requirements under Rule

13.18 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules").

The Board announces that, on 26 April 2021, the Company, as borrower, entered into a term loan facility letter ("Facility Letter") with a bank ("Bank"), pursuant to which the Bank has agreed to grant to the Company an uncommitted term loan facility of up to RMB400 million ("Facility") having the final maturity date falling 3 years from the first utilisation date under the Facility or on 12 April 2025, whichever is earlier.

Under the Facility Letter, the Company has covenanted and undertaken to the Bank, among others, that:

1. 珠海市人民政府國有資產監督管理委員會 (Zhuhai Municipal People's Government State-owned Assets Supervision and Administration Commission*) ("Zhuhai SASAC") shall (i) hold beneficially not less than 51% (directly or indirectly) of the shareholding interest in 珠海九洲控股集團有限公司 (Zhuhai Jiuzhou Holdings Group Co., Ltd.*) ("ZJ Holdings"); and (ii) have the single largest shareholding interest in ZJ Holdings;
2. ZJ Holdings shall be under the management control of Zhuhai SASAC;
3. ZJ Holdings shall (i) hold beneficially not less than 30% (directly or indirectly) of the shareholding interest in the Company; and (ii) have the single largest shareholding interest in the Company; and
4. ZJ Holdings shall maintain the management control of the Company.

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In addition, ZJ Holdings issued a letter of comfort in favour of the Bank, pursuant to which ZJ Holdings undertakes that, throughout the term of the Facility, (i) ZJ Holdings shall maintain as the Company's single largest shareholder; (ii) Zhuhai SASAC shall maintain as the ultimate controlling entity of ZJ Holdings and the Company; and (iii) ZJ Holdings shall cause the Company to make timely repayment to the Bank in accordance with the Facility Letter.

As at the date of this announcement, ZJ Holdings holds an aggregate of 878,155,109 ordinary shares of the Company, representing approximately 61.50% of the entire issued share capital of the Company.

The Company will, in compliance with Rule 13.21 of the Listing Rules, include appropriate disclosure in its interim and annual reports for so long as circumstances giving rise to the disclosure obligation under Rule 13.18 of the Listing Rules continue to exist.

By Order of the Board

Zhuhai Holdings Investment Group Limited

Zeng Jianping

Chairman

Hong Kong, 26 April 2021

As at the date of this announcement, the Board comprises Mr. Zeng Jianping, Mr. Jin Tao, Mr. Ye Yuhong and Mr. Li Wenjun as executive Directors; Mr. Zou Chaoyong as non-executive Director; and Mr. Hui Chiu Chung, Mr. Chu Yu Lin, David, Mr. Albert Ho and Mr. Wang Yijiang as independent non-executive Directors.

• The English transliteration of the Chinese names in this announcement, where indicated, is included for information only, and should not be regarded as the official English names of such Chinese names.

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