Huarong Investment Stock : GENERAL DISCLOSURE UNDER RULE 13.18 OF THE LISTING RULES

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 the Cayman Islands with limited liability)

This announcement is made by the board of directors (the "Board") of Huarong Investment Stock Corporation Limited (the "Company") in compliance with the disclosure requirements under Rule 13.18 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

On 7 September 2017, the Company (as borrower) and a syndicate of banks (the "Banks") entered into a short tenor term loan facility agreement (the "Facility Agreement") of HKD2,328,000,000 and USD147,500,000 (the "Facility") with greenshore option to increase the Facility to not more than HKD5,000,000,000 (or its equivalent to USD). The Facility has a term of 364 days.

The availability of the Facility is subject to, among other things, a letter of comfort (the "Letter of Comfort") being issued by China Huarong Asset Management Co., Ltd. ("China Huarong"), the controlling shareholder of the Company. Under the Letter of Comfort, as long as the Facility remains outstanding, China Huarong has undertaken to, among other, remain as the controlling shareholder of the Company (the "Specific Performance Obligation"). As at the date of this announcement, China Huarong beneficially owns approximately 50.99% of the issued share capital of the Company.

In accordance with the Facility Agreement, in the event of a breach of any of the Specific Performance Obligation, the Banks will have the power to declare the commitments to be cancelled and/or declare all outstanding amounts together with interest accrued and all other sums payable by the Company to be forthwith due and payable.

The Company will make continuing disclosure in its subsequent interim and annual reports for so long as the Specific Performance Obligation continues to exist pursuant to the requirements of Rule 13.21 of the Listing Rules.

By order of the Board

Chairman

Hong Kong, 7 September 2017

As at the date of this announcement, the executive Directors are Mr. Qin Ling, Mr. Yeung Chun Wai Anthony, Mr. Xu Xiaowu, Mr. Liu Xiguang, Mr. Kwan Wai Ming and Ms. Lin Changhua; the non-executive Director is Mr. Wu Qinghua; and the independent non-executive Directors are Mr. Chan Kee Huen Michael, Mr. Zhang Xiaoman, Mr. Tse Chi Wai and Mr. Wu Tak Lung.