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 FINANCIAL LEASING GROUP LIMITED

中 國 金 融 租 賃 集 團 有 限 公 司 *

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2312)

SUPPLEMENTAL ANNOUNCEMENT

IN RELATION TO 2019 ANNUAL REPORT

Reference is made to the annual report ("2019 Annual Report") of China Financial Leasing Group Limited (the "Company") and its subsidiaries (collectively the "Group") for the year ended 31 December 2019 published on 23 April 2020. The board (the "Board") of directors (the "Directors") of the Company would like to provide additional information in respect of the Group's investments as disclosed in 2019 Annual Report, as follows:

EQUITY INVESTMENTS

As at 31 December 2019, the Group held financial assets at fair value through profit or loss of approximately HK$81,137,000. Listed below are the particulars of the Group's major listed and unlisted equity securities:

For the year ended

As at 31 December 2019

31 December 2019

Number

of shares/

percentage

Market

Realised

Unrealised

of interests

Market

value/

Sales

profit/

profit/

Fair value

Name of investees

held

Cost

prices

fair value

proceeds

(loss)

(loss)

gain/(loss)

(HK'000)

(HK$)

(HK'000)

(HK'000)

(HK'000)

(HK'000)

(HK'000)

Listed equity securities

(a)

Future Bright Mining Holdings Limited (2212)

177,600,000

32,894

0.075

13,320

698

(1,168)

(6,002)

(7,170)

(b)

Miji International Holdings Limited (1715)

41,650,000

12,909

0.280

11,662

10,529

(7,388)

7,190

(198)

(c)

Hing Ming Holdings Limited (8425)

6,988,000

9,808

1.160

8,106

2,989

(522)

(1,701)

(2,223)

(d)

National Investments Fund Limited (1227)

41,072,000

7,542

0.174

7,147

10,212

(1,394)

(395)

(1,789)

(e)

WAC Holdings Limited (8619)

2,040,000

5,364

3.000

6,120

3,497

963

756

1,719

(f)

ISP Global Limited (8487)

6,700,000

7,098

0.850

5,695

2,491

(74)

(7,345)

(7,419)

(g)

RMH Holdings Limited (8437)

29,896,000

14,701

0.161

4,813

1,117

(1,089)

(2,829)

(3,918)

(h)

Wan Leader International Limited (8482)

16,560,000

4,753

0.224

3,709

1,838

(1,246)

(1,044)

(2,290)

(i)

Pacific Legend Group Limited (8547)

18,220,000

4,357

0.130

2,369

6,149

(332)

(1,988)

(2,320)

(j)

C&N Holdings Limited (8430)

27,110,000

12,747

0.080

2,169

770

(874)

(9,299)

(10,173)

(k)

Golden Ponder Holdings Limited (1783)

5,860,000

1,181

0.189

1,108

2,567

(99)

(74)

(173)

(l)

LHN Limited (1730)

1,288,000

1,277

0.710

914

-

-

(363)

(363)

  • For identification purpose only

- 1 -

For the year ended

As at 31 December 2019

31 December 2019

Number

of shares/

percentage

Market

Realised

Unrealised

of interests

Market

value/

Sales

profit/

profit/

Fair value

Name of investees

held

Cost

prices

fair value

proceeds

(loss)

(loss)

gain/(loss)

(HK'000)

(HK$)

(HK'000)

(HK'000)

(HK'000)

(HK'000)

(HK'000)

(m)

China Ocean Group Development Limited (8047)

3,500,000

1,649

0.240

840

949

(229)

(809)

(1,038)

(n)

Tasty Concepts Holding Limited (8096)

7,700,000

1,832

0.100

770

23

(2)

(1,062)

(1,064)

(o)

Eggriculture Foods Ltd. (8609)

850,000

122

0.147

125

1,788

(805)

2

(803)

(p)

Stream Ideas Group Limited (8401)

-

-

-

-

11,048

(1,230)

1,562

332

(q)

Asia Television Holdings Limited (707)

-

-

-

-

25,654

(5,899)

(952)

(6,851)

(r)

Asia Resources Holdings Limited (899)

-

-

-

-

4,488

(2,229)

2,717

488

(s)

China Investment Development Limited (204)

-

-

-

-

1,470

(247)

-

(247)

Other listed investments

-

-

-

-

2,583

12

-

12

Unlisted equity securities

(t)

深圳聯合能源控股有限公司

3.00%

15,000

N/A

12,270

-

-

(1,973)

(1,973)

The net loss on fair value through profit or loss for listed and unlisted investments amounted to approximately HK$45,490,000 and HK$1,973,000 respectively for the year ended 31 December 2019 (the "FV Loss").

For the listed investments held as at 31 December 2019, the net loss attributable to realised loss and unrealised loss were approximately HK$14,259,000 and HK$24,963,000 respectively. For those listed investments held but were sold during the year ended 31 December 2019, the net profit attributable to realised loss and unrealised profit were approximately HK$9,595,000 and HK$3,327,000 respectively.

For the unlisted investment held as at 31 December 2019, the loss attributable to unrealised loss was approximately HK$1,973,000. The fair value of the unlisted investment as at 31 December 2019 was assessed by an independent professional valuer. The FV Loss was due to the underperformance on listed and unlisted investments.

Save as disclosed above, all other information in 2019 Annual Report remains unchanged.

For and on behalf of the Board

CHINA FINANCIAL LEASING GROUP LIMITED

Liu Hailong

Chairman

Hong Kong, 10 August 2020

As at the date of this announcement, the board of Directors of the Company comprises Mr. Chan Chi Hang as executive Director, Mr. Liu Hailong (Chairman) and Mr. Liu Yang (Vice Chairman) as non-executive Directors, Mr. Yip Ming, Mr. Tsang Chung Sing Edward, Mr. Zhang Bin and Mr. Wang Ruiyang as independent non-executive Directors.

- 2 -

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China Financial Leasing Group Limited published this content on 10 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2020 08:43:11 UTC