Hengli Commercial Properties : Announcements and Notices - Notice of Special General Meeting

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.

(Incorporated in Bermuda with limited liability)

1. "THAT

2. the entry into by the Company of the Sale and Purchase Agreement dated 26 September 2017 (a copy of which has been produced to the meeting and initialled by the chairman of the meeting for the purposes of identification) and the transactions contemplated thereunder be and are hereby approved (terms defined in the circular of the Company dated 15 November 2017 having the same meanings when used in this resolution); and

3. any one or more of the Directors be and is/are hereby generally and unconditionally authorized to do all such acts and things, to sign and execute all such documents for and on behalf of the Company by hand, or in the case of execution of documents under seal, to do so jointly with any one of a second Director, a person duly appointed by the Board or the secretary of the Company, and to take such steps as he/she may in his/ her absolute discretion considers necessary, appropriate, desirable or expedient to give effect to or in connection with the Sale and Purchase Agreement and the transactions contemplated thereunder (terms defined in the circular of the Company dated 15 November 2017 having the same meanings when used in this resolution)."

4. By order of the Board

   Wanda Hotel Development Company Limited Ding Benxi

   Chairman

   Hong Kong, 15 November 2017

   Notes:

5. A shareholder of the Company entitled to attend and vote at the above meeting is entitled to appoint one proxy or more than one proxy (if he holds two or more shares) who must be an individual or individuals to attend and vote instead of him. A proxy does not need to be a shareholder of the Company.

6. The instrument appointing a proxy and the power of attorney or other authority, if any, under which it is signed, or a notarially certified copy of such power of attorney or authority, must be deposited with the Company's Hong Kong branch share registrar, Tricor Standard Limited, at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong, for registration not less than 48 hours before the time appointed for holding the meeting (i.e. Wednesday, 6 December 2017 at 10:00 a.m. Hong Kong time) and any adjourned meeting.

7. For determining the entitlement to attend and vote at the SGM, the register of members of the Company will be closed from Monday, 4 December 2017 to Friday, 8 December 2017 both days inclusive, during which period no transfer of shares of the Company will be registered. In order to be eligible to attend and vote at the SGM, unregistered holders of shares of the Company should ensure that all the share transfer documents accompanied by the relevant share certificates must be lodged with the Company's Hong Kong branch share registrar, Tricor Standard Limited, at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong, for registration not later than 4:30 p.m. on Friday, 1 December 2017.

8. If typhoon signal no. 8 or above remains hoisted or a black rainstorm warning signal is in force at 8:00

a.m. on the date of the SGM, the SGM will be postponed. The Company will post an announcement on the Company's website at http://www.wanda-hotel.com.hk and the HKExnews website at http:// www.hkexnews.hk to notify shareholders of the date, time and place of the rescheduled meeting.

As at the date of this announcement, Mr. Ding Benxi (Chairman), Mr. Qi Jie and Mr. Qu Dejun are the non-executive Directors; Mr. Liu Chaohui is the executive Director; and Mr. Liu Jipeng, Dr. Xue Yunkui and Mr. Zhang Huaqiao are the independent non-executive Directors.