HNA Technology Investments : DELAY IN DESPATCH OF CIRCULAR IN RELATION TO THE CONTINUING CONNECTED TRANSACTION

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.

海航科技投資控股有限公司

(incorporated in the Cayman Islands with limited liability)

Reference is made to the announcement issued by HNA Technology Investments Holdings Limited (the "Company") dated 2 November 2017 (the "Announcement") regarding the continuing connected transaction relating to provision of advisory services. Unless otherwise specified, capitalised terms used in this announcement shall have the same meanings as set out in the Announcement.

As stated in the Announcement, a circular (the "Circular") containing, among other things, (i) information on the Mandate; (ii) the recommendation from the Independent Board Committee to the Independent Shareholders in relation to the Mandate and the transactions contemplated thereunder and the proposed annual caps for the three years ending 31 December 2019;

(iii) the letter of advice from Gram Capital to the Independent Board Committee and the Independent Shareholders in relation to the Mandate and the transactions contemplated thereunder and the proposed annual caps for the three years ending 31 December 2019; and (iv) the notice convening the EGM, is expected to be despatched to the Shareholders on or before 23 November 2017.

As additional time is required to prepare and finalise certain information to be included in the Circular, the date of despatch of the Circular is expected to be postponed to a date on or before 6 December 2017.

By Order of the Board

Executive Director

Hong Kong, 22 November 2017

As at the date of this announcement, the Board comprises five executive Directors, namely, Mr. Tong Fu, Mr. Wang Hao, Mr. Peng Fang, Mr. Zhang Tao and Mr. Wong Chi Ho; and two independent non-executive Directors, Mr. Guo Dan and Ms. Kaung Cheng Xi Dawn.