China Ting : ANNOUNCEMENT PURSUANT TO RULES 13.15 OF THE LISTING RULES CHANGE OF INTEREST RATES FOR THE ADVANCE TO HANGZHOU CHINA TING PROPERTY (in PDF)

e_A160267 1..2

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.

CHINA TING GROUP HOLDINGS LIMITED

華 鼎 集 團 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 03398)

ANNOUNCEMENT PURSUANT TO RULES 13.15 OF THE LISTING RULES

CHANGE OF INTEREST RATES FOR THE ADVANCE TO HANGZHOU CHINA TING PROPERTY

This announcement is made by the board (the ''Board'') of directors (the ''Directors'') of China Ting Group Holdings Limited (the ''Company'') pursuant to Rule 13.15 of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules''). The Board also refers to the announcement (the ''Announcement'') of the Company dated 4 January 2016. Unless the context requires otherwise, the capitalised terms used herein shall have the same meanings as defined in the Announcement.

As disclosed in the Announcement, the Group has advanced to Hangzhou China Ting Property by way of equity holder's loan in an aggregate amount of RMB271.4 million (equivalent to HK$323.1 million). This loan has been made since April 2012 and the interest rates, which were determined with reference to the then prevailing interest rates, are in the range between 4.750% and 7.315% per annum. The latest renewal of the advance, as set forth in the Announcement, is subject to the interest rate of 4.750% per annum. The interest rates in the PRC since December 2014 are decreasing, and the Directors believe that the current interest rates of the advances to Hangzhou China Ting Property are significantly higher than the prevailing interest rates. This results in a substantial amount of interest expense remains unsettled by Hangzhou China Ting Property.

The Directors consider that it would be reasonable for the interest rates of the advances to be adjusted on a regular basis reflecting the prevailing interest rates from time to time. Whilst this arrangement will be more affordable to Hangzhou China Ting Property, the Directors expect that it will also provide sufficient monetary return to the Group on the advance by the Group. On this basis, the Company and Hangzhou China Ting Property have agreed that the interest rates of the advances be adjusted to a uniform rate of 4.750% per annum effective from 1 March 2016 and the that the interest rate will be reviewed on a quarterly basis taking into consideration the RMB benchmark loan and deposit interest rates published by The People's Bank of China and the financing cost of the Group.

The Directors are of the view that the above interest rate adjustment mechanism is fair and reasonable and in the interest of the shareholders of the Company as a whole. The interested Directors, namely Mr. TING Man Yi, Mr. TING Hung Yi and Mr. DING Jianer, have abstained from voting on the relevant board resolutions approving the interest rate adjustment mechanism.

The Company will comply with the disclosure requirement under Rules 13.13 to 13.15 of the Listing Rules should the total amount advanced to Hangzhou China Ting Property (including the accrued interest) exceeds the relevant thresholds set forth in Rules 13.13 and 13.14 of the Listing Rules.

By order of the Board of

China Ting Group Holdings Limited TING HUNG YI

Executive Director and Chief Executive Officer

Hong Kong, 1 March 2016

Unless otherwise specified, translations of RMB into HK$ in this circular are based on the rate of HK$1.0 = RMB0.84. No representation is made that any amount in HK$ and RMB can be or could have been converted at the relevant dates at this rate or any other rates at all.

As of the date of this announcement, the executive Directors are Mr. TING Man Yi (Chairman), Mr. TING Hung Yi (Chief Executive Officer), Mr. DING Jianer and Mr. CHEUNG Ting Yin, Peter and the independent non-executive Directors are Mr. WONG Chi Keung, Dr. CHENG Chi Pang and Mr. LEUNG Man Kit.