China Huiyuan Juice : DECISION OF THE LISTING COMMITTEE FOR THE CANCELLATION OF LISTING

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 HUIYUAN JUICE GROUP LIMITED

中 國 滙 源 果 汁 集 團 有 限 公 司 *

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1886)

(Debt Securities Stock Code: 5259)

DECISION OF THE LISTING COMMITTEE FOR

THE CANCELLATION OF LISTING

This announcement is made by China Huiyuan Juice Group Limited (the "Company") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcements of the Company dated (i) 11 June 2018 in relation to, among others, the resumption conditions, (ii) 1 August 2018 in relation to the update on progress of fulfilment of resumption conditions; and (iii) 6 November 2018, 1 February 2019, 7 May 2019, 6 August 2019 and 8 November 2019 in relation to, among others, the quarterly update on progress of fulfilment of resumption conditions.

The Decision on Cancellation of Listing

The Company received a letter (the "Letter") from the Stock Exchange on 14 February 2020 stating that as (i) the trading in the securities of the Company on the Stock Exchange has been suspended since 3 April 2018; and (ii) the Company failed to fulfill the resumption conditions and resume trading in the securities of the Company on the Stock Exchange by 31 January 2020, the Listing Committee of the Stock Exchange (the "Listing Committee") decided to cancel the Company's listing under Rule 6.01A of the Listing Rules (the "Delisting Decision").

It is indicated in the Letter that, if the Company decides not to request the Delisting Decision be referred to the Listing Review Committee of the Stock Exchange for review pursuant to Chapter 2B of the Listing Rules, the last day of listing of the shares of the Company would be on 28 February 2020, and the listing of the shares of the Company would be cancelled with effect from 9:00 a.m. on 2 March 2020.

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The Company is considering the Delisting Decision and will seek appropriate advice from its professional advisers on the same. The Company may consider submitting a review request for the Delisting Decision. The board of directors of the Company hereby reminds the shareholders of the Company (the "Shareholders") and potential investors of the Company that (i) the Company may or may not proceed with the review; and (ii) the outcome of such review is uncertain, if undertaken.

Continued Suspension of Trading

At the request of the Company, trading in the shares and debt securities of the Company on the Stock Exchange has been halted since 9:00 a.m. on 3 April 2018 (and automatically converted to suspension thereafter) and will remain suspended until further notice. The Company will keep the Shareholders and potential investors of the Company informed of any material development in connection with the above matters, by way of further announcement(s) as and when appropriate.

Shareholders who have any queries about the implications of the cancellation of listing of the shares of the Company are advised to obtain appropriate professional advice. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares and debt securities of the Company.

By Order of the Board

China Huiyuan Juice Group Limited

Ju Xinyan

Chairman

Beijing, 14 February 2020

As at the date of this announcement, the directors of the Company are Ms. JU Xinyan as executive director, Mr. SONG Quanhou, Mr. WANG Wei, Mr. PAK Wai Keung Martin and Mr. LEE Wen-Chieh as independent non-executive directors.

*  For identification purposes only

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