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 is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities nor is it calculated to invite any such offer or invitation. In particular, this announcement does not constitute and is not an offer to sell or a solicitation of any offer to buy securities in Hong Kong or elsewhere.

HUABAO INTERNATIONAL HOLDINGS LIMITED 華寶國際控股有限公司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 00336)

INSIDE INFORMATION

UPDATES ON

PROPOSED SPIN-OFF AND SEPARATE LISTING OF

THE FLAVOURS AND FRAGRANCES BUSINESS

BY WAY OF PROPOSED A SHARE LISTING OF THE SPIN-OFF COMPANY

ON THE GROWTH ENTERPRISE MARKET OF SHENZHEN STOCK

EXCHANGE IN THE PRC AND MAJOR TRANSACTION

This announcement is made by Huabao International Holdings Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

Reference is made to the announcements (the "Announcements") of the Company dated 19 August 2016, 31 October 2016, 20 March 2017 and 16 June 2017, and the circular (the "Circular") dated 23 March 2017 relating to the Proposed Spin-off and the Proposed A Share Listing. Terms defined in the Announcements and the Circular shall have the same meanings herein, unless the context otherwise requires.

As disclosed in the Circular, the Proposed Spin-off and the Proposed A Share Listing is conditional upon, among other things, the approval of the China Securities Regulatory Commission ("CSRC").

On 10 January 2018, the eleventh meeting in 2018 of the seventeenth session of the Issuance Examination Committee of the CSRC was held. The Board is pleased to announce that the Issuance Examination Committee of the CSRC has reviewed and approved the application of the Proposed A Share Listing of the Spin-off Company.

As at the date of this announcement, the final offering size, the issue price and other details of the Proposed Spin-off and the Proposed A Share Listing are yet to be finalised. Further announcement will be made by the Company as and when appropriate in respect of the material development in relation to the Proposed Spin-off in accordance with the requirements of the Listing Rules.

Shareholders and prospective investors of the Company should note that the Proposed Spin-off and the Proposed A Share Listing may or may not materialize. Accordingly, Shareholders and prospective investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

Huabao International Holdings Limited

POON Chiu Kwok

Executive Director

Hong Kong, 10 January 2018

As at the date of this announcement, the Board comprises five executive directors, namely Ms. CHU Lam Yiu (Chairwoman and CEO), Messrs. XIA Li Qun, POON Chiu Kwok, XIONG Qing and LAM Ka Yu and four independent non-executive directors, namely Mr. LEE Luk Shiu, Ms. MA Yun Yan, Dr. DING Ningning and Mr. WU Chi Keung.

* For identification purposes only

Huabao International Holdings Limited published this content on 10 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 January 2018 13:24:07 UTC.

Original documenthttp://huabao.todayir.com/attachment/2018011021170100003021045_en.pdf

Public permalinkhttp://www.publicnow.com/view/DF82BA2A5F84723D2149446D6AB33BBACBEFD59C