Prospectus Company Stock Exchange HKSCC U.S. Securities Act Stabilization Manager

Transcription

1 Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those defined in the prospectus dated November 6, 2017 (the Prospectus ) of Yixin Group Limited (the Company ). Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the Stock Exchange ) and Hong Kong Securities Clearing Company Limited ( HKSCC ) 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 offer or an invitation to induce an offer by any person to acquire, purchase or subscribe for any securities. Potential investors should read the Prospectus for detailed information about the Global Offering described below before deciding whether or not to invest in the Offer Shares. This announcement is not for release, publication, distribution, directly or indirectly, in or into the United States or any other jurisdiction where such distribution is prohibited by law. This announcement does not constitute and is not an offer to sell or a solicitation of any offer to buy securities in Hong Kong, the United States or elsewhere. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933 (the U.S. Securities Act ) or any state securities laws of the United States and may not be offered or sold in the United States absent registration under the U.S. Securities Act or except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. There will be no public offering of securities of the Company in the United States. In connection with the Global Offering, UBS AG Hong Kong Branch, as stabilization manager (the Stabilization Manager ) (or any person acting for it), on behalf of the Underwriters, may over-allocate or effect transactions with a view to stabilizing or supporting the market price of the Shares at a level higher than that which might otherwise prevail for a limited period after the Listing Date. However, there is no obligation on the Stabilization Manager (or any person acting for it) to conduct any such stabilizing action. Such stabilizing action, if taken, (a) will be conducted at the absolute discretion of the Stabilization Manager (or any person acting for it) and in what the Stabilization Manager reasonably regards as the best interest of the Company, (b) may be discontinued at any time and (c) is required to be brought to an end within 30 days of the last day for lodging applications under the Hong Kong Public Offering. Such stabilization action, if taken, may be effected in all jurisdictions where it is permissible to do so, in each case in compliance with all applicable laws, rules and regulatory requirements, including the Securities and Futures (Price Stabilizing) Rules, as amended, made under the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). Potential investors of the Offer Shares should note that the Joint Global Coordinators (for themselves and on behalf of the Hong Kong Underwriters) are entitled, in their absolute discretion and by giving written notice to the Company, to terminate the Hong Kong Underwriting Agreement, upon the occurrence of any of the events set out in the section headed Underwriting Underwriting Arrangements and Expenses Hong Kong Public Offering Grounds for Termination in the Prospectus, at any time at or prior to 8:00 a.m. (Hong Kong time) on the Listing Date (which is currently expected to be on Thursday, November 16, 2017). Potential investors should be aware that stabilizing action cannot be taken to support the price of the Shares for longer than the stabilization period which begins on the Listing Date and is expected to expire on the 30th day after the last day for the lodging of the applications under the Hong Kong Public Offering. After this date, when no further stabilizing action may be taken, demand for the Shares, and therefore the price of the Shares, could fall. 1

2 YIXIN GROUP LIMITED 易鑫集團有限公司 (incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as Yixin Automotive Technology Group Limited ) GLOBAL OFFERING Number of Offer Shares under the Global Offering : 878,680,000 Shares (subject to the Over-allotment Option) Number of Hong Kong Offer Shares : 307,538,000 (as adjusted after reallocation) Number of International Placing Shares : 571,142,000 (as adjusted after reallocation and subject to the Over-allotment Option) Offer Price : HK$7.70 per Offer Share, excluding brokerage of 1%, SFC transaction levy of %, and Stock Exchange trading fee of 0.005% Nominal value : US$ per Share Stock code : 2858 Joint Sponsors, Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers (in alphabetical order) Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers Joint Bookrunners and Joint Lead Managers Joint Lead Managers 中泰國際 ZHONGTAI INTERNATIONAL 2

3 SUMMARY Offer Price ANNOUNCEMENT OF OFFER PRICE AND ALLOTMENT RESULTS The Offer Price has been determined at HK$7.70 per Offer Share (exclusive of brokerage of 1.0%, SFC transaction levy of % and Stock Exchange trading fee of 0.005%). Net Proceeds from the Global Offering Based on the Offer Price of HK$7.70 per Offer Share, the net proceeds from the Global Offering to be received by the Company, after deduction of the underwriting commission and other estimated expenses payable by the Company in connection with the Global Offering and assuming that the Over-allotment Option is not exercised, are estimated to be approximately HK$6,503.5 million, adjusted with RMB5.6 million already recognized in the profit and loss for the six months ended June 30, Applications and Indications of Interest Received A total of 301,492 valid applications have been received pursuant to the Hong Kong Public Offering on WHITE and YELLOW Application Forms, through giving electronic application instructions to HKSCC via CCASS and through the White Form eipo service for a total of 49,313,066,000 Hong Kong Offer Shares, representing approximately times of the total number of 87,868,000 Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering. As the over-subscription in the Hong Kong Public Offering is more than 79 times and significantly over-subscribed, the reallocation procedure as disclosed in the section headed Structure of the Global Offering The Hong Kong Public Offering Reallocation in the Prospectus has been applied and 219,670,000 International Placing Shares have been reallocated from the International Placing to the Hong Kong Public Offering. As a result of re-allocation, the final number of Offer Shares under the Hong Kong Public Offering is 307,538,000 Offer Shares, representing 35% of the total number of Offer Shares initially available under the Global Offering (before any exercise of the Over-allotment Option). The Offer Shares offered under the International Placing were very significantly oversubscribed. The final number of Offer Shares allocated to the placees under the International Placing is 571,142,000 Offer Shares, representing 65% of the total number of Offer Shares initially available under the Global Offering (before any exercise of the Over-allotment Option). 3

4 Placees with Consent under Paragraph 5(1) of the Placing Guidelines Under the International Placing, 1,500,000 Shares, 6,400,000 Shares, 5,000,000 Shares and 4,500,000 Shares, representing approximately 0.17%, 0.73%, 0.57% and 0.51% of the Offer Shares initially available under the Global Offering, were placed to UBS Asset Management (Hong Kong) Limited, UBS Asset Management (Singapore) Ltd., Bosera Asset Management (International) Co., Limited and China Asset Management Co., Ltd., respectively, which are connected clients of the relevant Underwriters within the meaning of the Placing Guidelines. We have applied to the Stock Exchange for, and the Stock Exchange has granted us consent under paragraph 5(1) of Appendix 6 to the Listing Rules to permit the Company to allocate Shares in the International Placing to the above connected clients. The Shares placed to the above connected clients are held by the connected clients on behalf of independent third parties and are in compliance with all the conditions under the consent granted by the Stock Exchange. Over-allotment Option In connection with the Global Offering, the Company has granted the Over-allotment option to the International Underwriters, exercisable by the Joint Global Coordinators (on behalf of the International Underwriters), at any time from the Listing Date to Saturday, December 9, 2017, being the 30th day after the last day for lodging applications under the Hong Kong Public Offering, to require the Company to issue and allot up to an aggregate of 131,802,000 additional Offer Shares, representing not more than 15% of the total number of Offer Shares initially available under the Global Offering, at the Offer Price under the International Placing to cover, among other things, over-allocation in the International Placing. There has been an over-allocation of 131,802,000 Shares in the International Placing and such overallocation will be settled using Shares to be borrowed under the Stock Borrowing Agreement between Bitauto Hong Kong Limited and the Stabilization Manager. Such borrowed Shares will be covered by exercising the Over-allotment Option or by making purchases in the secondary market or by a combination of these means. In the event the Over-allotment Option is exercised, an announcement will be made on the websites of the Company and the Stock Exchange at and Results of Allocations The final Offer Price, the level of indications of interest in the International Placing, the level of applications in the Hong Kong Public Offering and the basis of allocation of the Hong Kong Offer Shares are also published on Wednesday, November 15, 2017 (i) in South China Morning Post (in English) and the Hong Kong Economic Times (in Chinese) and (ii) on the websites of the Company and the Stock Exchange at and 4

5 The results of allocations of the Hong Kong Offer Shares under the Hong Kong Public Offering successfully applied for under the WHITE and YELLOW Application Forms and by giving electronic application instructions to HKSCC or through the designated White Form eipo service, including the Hong Kong identity card numbers, passport numbers or Hong Kong business registration numbers of successful applicants (where supplied) and the number of Hong Kong Offer Shares, successfully applied for, will be made available at the times and dates and in the manner specified below: in the announcement to be posted on the websites of the Company and the Stock Exchange at and respectively, by no later than Wednesday, November 15, 2017; from the designated results of allocations website at with a search by ID function on a 24 hour basis from 8:00 a.m. on Wednesday, November 15, 2017 to 12:00 midnight on Tuesday, November 21, 2017; from the allocation results telephone enquiry line by calling between 9:00 a.m. and 10:00 p.m. from Wednesday, November 15, 2017 to Saturday, November 18, 2017; and in the special allocation results booklets which will be available for inspection during the opening hours of the individual receiving bank branches from Wednesday, November 15, 2017 to Friday, November 17, 2017 at the addresses set out in the paragraph headed Results of Allocations in this announcement. Despatch/Collection of Share Certificates and Refund Cheques Applicants who applied for 1,000,000 Hong Kong Offer Shares or more on a WHITE Application Form or through the White Form eipo service and who have been successfully or partially successfully allocated Hong Kong Offer Shares and are eligible to collect Share certificates (where applicable) in person may collect Share certificates (where applicable) from the Hong Kong Share Registrar, Computershare Hong Kong Investor Services Limited, at Shops , 17th Floor, Hopewell Centre, 183 Queen s Road East, Wanchai, Hong Kong from 9:00 a.m. to 1:00 p.m. on Wednesday, November 15, Share certificates for Hong Kong Offer Shares allocated to applicants who applied on a WHITE Application Form or through the White Form eipo service which are either not available for personal collection or which are available but are not collected in person by 1:00 p.m. on Wednesday, November 15, 2017, are expected to be despatched by ordinary post to those entitled to them at their own risk on or before Wednesday, November 15, Wholly or partially successful applicants who applied on a YELLOW Application Form or who applied by giving electronic application instructions to HKSCC will have their Share certificates issued in the name of HKSCC Nominees Limited and deposited into CCASS for credit to their CCASS Investor Participant stock accounts or the stock accounts of their designated CCASS Participants who gave electronic application instructions on their behalf or as instructed by them in their YELLOW Application Form on Wednesday, November 15,

6 Applicants who applied through a designated CCASS Participant (other than a CCASS Investor Participant) should check the number of Hong Kong Offer Shares allocated to them with that CCASS Participant. Applicants who applied for 1,000,000 Hong Kong Offer Shares or more on a WHITE or YELLOW Application Form and have provided all information required by their WHITE and YELLOW Application Forms may collect their refund cheque(s) (where applicable) from the Hong Kong Share Registrar, Computershare Hong Kong Investor Services Limited, at Shops , 17th Floor, Hopewell Centre, 183 Queen s Road East, Wanchai, Hong Kong from 9:00 a.m. to 1:00 p.m. on Wednesday, November 15, Refund cheques in respect of wholly or partially unsuccessful applications using WHITE or YELLOW Application Forms which are either not available for personal collection or which are available but are not collected in person by 1:00 p.m. on Wednesday, November 15, 2017, are expected to be despatched by ordinary post to those entitled at their own risk on or before Wednesday, November 15, For applicants who applied through the White Form eipo service and paid the application monies from a single bank account, refund monies (if any) will be despatched to their application payment account in the form of e-refund payment instructions on Wednesday, November 15, For applicants who applied through the White Form eipo service and paid the application monies from multiple bank accounts, refund monies (if any) will be despatched to the addresses specified on their White Form eipo applications in the form of refund cheque(s) by ordinary post at their own risk on or before Wednesday, November 15, Refund monies (if any) for applicants who have applied by giving electronic application instructions to HKSCC via CCASS are expected to be credited to the relevant applicants designated bank accounts or the designated bank account of their broker or custodian on Wednesday, November 15, Share certificates will only become valid at 8:00 a.m. on the Listing Date which is expected to be Thursday, November 16, 2017 provided that the Global Offering has become unconditional in all respects at or before that time and the right of termination described in the section headed Underwriting Underwriting Arrangements and Expenses Hong Kong Public Offering Grounds for Termination in the Prospectus has not been exercised. The Company will not issue any temporary documents of title in respect of the Offer Shares. No receipt will be issued for application monies received. Commencement of Dealings Dealings in the Shares on the Stock Exchange are expected to commence at 9:00 a.m. on Thursday, November 16, The Shares will be traded in board lots of 500 Shares each. The stock code of the Shares is

7 OFFER PRICE The Offer Price has been determined at HK$7.70 per Offer Share (exclusive of brokerage of 1.0%, SFC transaction levy of % and Stock Exchange trading fee of 0.005%). NET PROCEEDS FROM THE GLOBAL OFFERING Based on the Offer Price of HK$7.70 per Offer Share, the net proceeds from the Global Offering to be received by the Company, after deduction of the underwriting commissions and other estimated expenses payable by the Company in connection with the Global Offering and assuming that the Over-allotment Option is not exercised, are estimated to be approximately HK$6,503.5 million, adjusted with RMB5.6 million already recognized in the profit and loss for the six months ended June 30, The Company intends to apply such net proceeds for the following purposes: approximately HK$1,951.1 million (equivalent to approximately RMB1,659.4 million, representing 30% of the net proceeds) to implement its sales and marketing initiatives to support the geographical expansion of its auto dealer cooperative network, including the expansion of its sales and marketing team; approximately HK$1,300.7 million (equivalent to approximately RMB1,106.2 million, representing 20% of the net proceeds) to further enhance its research and technology capabilities including the recruitment of engineers and data specialists and further investment in its IT systems and data analytics capabilities; approximately HK$1,300.7 million (equivalent to approximately RMB1,106.2 million, representing 20% of the net proceeds) to strengthen its capital resources to support the ongoing growth of its self-operated financing business; approximately HK$1,300.7 million (equivalent to approximately RMB1,106.2 million, representing 20% of the net proceeds) to selectively pursue acquisitions of or investments in assets and businesses which are complementary to its business and are in line with its growth strategies; and approximately HK$650.3 million (equivalent to approximately RMB553.1 million, representing 10% of the net proceeds) working capital and other general corporate purposes. 7

8 APPLICATIONS AND INDICATIONS OF INTEREST RECEIVED The Company announces that at the close of the application lists at 12:00 noon on Thursday, November 9, 2017, a total of 301,492 valid applications have been received pursuant to the Hong Kong Public Offering on WHITE and YELLOW Application Forms, by giving electronic application instructions to HKSCC via CCASS and through the White Form eipo service for a total of 49,313,066,000 Hong Kong Offer Shares, representing approximately times of the total number of 87,868,000 Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering. 292,862 valid applications in respect of a total of 11,045,478,000 Hong Kong Offer Shares were for the Hong Kong Public Offering with an aggregate subscription amount based on the Maximum Offer Price of HK$7.70 per Offer Share (excluding brokerage of 1.0%, SFC transaction levy of % and Stock Exchange trading fee of 0.005%) of HK$5 million or less, representing approximately times of the 43,934,000 Hong Kong Offer Shares initially comprised in Pool A; and 8,630 valid applications in respect of a total of 38,267,588,000 Hong Kong Offer Shares were for the Hong Kong Public Offering with an aggregate subscription amount based on the Maximum Offer Price of HK$7.70 per Offer Share (excluding brokerage of 1.0%, SFC transaction levy of % and Stock Exchange trading fee of 0.005%) of more than HK$5 million, representing approximately times of the 43,934,000 Hong Kong Offer Shares initially comprised in Pool B. 33 application have been identified and rejected for not being completed in accordance with the instructions set out in the Application Forms. 475 multiple or suspected multiple applications have been identified and rejected. 247 applications have been rejected due to bounced cheques. No application for more than 43,934,000 Hong Kong Offer Shares (being 50% of the Hong Kong Offer Shares initially available under the Hong Kong Public Offering) has been identified. Due to the over-subscription in the Hong Kong Public Offering, the reallocation procedures as disclosed in the section headed Structure of the Global Offering The Hong Kong Public Offering Reallocation in the Prospectus have been applied and 219,670,000 International Placing Shares have been reallocated from the International Placing to the Hong Kong Public Offering. The final number of Offer Shares under the Hong Kong Public Offering is 307,538,000 Offer Shares, representing 35% of the total number of the Offer Shares initially available under the Global Offering (before any exercise of the Over-allotment Option). 8

9 The Hong Kong Offer Shares offered in the Hong Kong Public Offering were conditionally allocated on the basis set out in the paragraph headed Basis of allocation under the Hong Kong Public Offering below. INTERNATIONAL PLACING The Offer Shares initially offered under the International Placing have been very significantly oversubscribed. The final number of Offer Shares under the International Placing is 571,142,000 Offer Shares, representing approximately 65% of the Offer Shares initially available under the Global Offering (before any exercise of the Over-allotment Option). Placees with Consent under Paragraph 5(1) of the Placing Guidelines Certain Shares were placed to connected clients of the relevant Underwriters (the Connected Underwriters, each a Connected Underwriter ) within the meaning of the placing guidelines for equity securities as set out in Appendix 6 to the Listing Rules (the Placing Guidelines ), details of which are set out below: Connected clients holding Shares on a discretionary basis Connected Underwriter Placee Number of Shares placed Approximate percentage of the Offer Shares initially available under the Global Offering Approximate percentage of the total issued share capital immediately following the completion of the Capitalization Issue and the Global Offering Note 1 Relationship with the Connected Underwriter UBS AG Hong Kong Branch ( UBS AG ) UBS AG UBS Asset Management (Hong Kong) Limited ( UBS AM Hong Kong ) UBS Asset Management (Singapore) Ltd. ( UBS AM Singapore ) 1,500, % 0.02% UBS AM Hong Kong is a member of the same group of companies as UBS AG. 6,400, % 0.10% UBS AM Singapore is a member of the same group of companies as UBS AG. 9

10 China Merchants Securities (HK) Co., Limited ( CMSHK ) CLSA Limited ( CLSA ) Bosera Asset Management (International) Co., Limited ( Bosera ) China Asset Management Co., Ltd. ( China AMC ) 5,000, % 0.08% Bosera is a member of the same group of companies as CMSHK. 4,500, % 0.07% China AMC is a member of the same group of companies as CLSA. Note 1: Assuming that the Over-allotment Option is not exercised, the options granted under the Pre-IPO Share Option Scheme that remain unexercised immediately following the completion of the Global Offering are not exercised, and no Shares are granted under the First Share Award Scheme. We have applied to the Stock Exchange for, and the Stock Exchange has granted us consent under paragraph 5(1) of Appendix 6 to the Listing Rules to permit the Company to allocate Shares in the International Placing to each of the connected clients described above. The Shares placed to the above connected clients are held by such connected clients on behalf of independent third parties and are in compliance with all the conditions under the consent granted by the Stock Exchange. Save as disclosed above, the International Placing is in compliance with the Placing Guidelines. Save as disclosed in this announcement, no Offer Shares placed by or through the Joint Global Coordinators, the Joint Bookrunners and the Underwriters under the Global Offering have been placed with any core connected person (as defined in the Listing Rules) of the Company or to any connected clients (as set out in paragraph 5(1) of the Placing Guidelines), or persons as set out in paragraph 5(2) of the Placing Guidelines, whether in their own names or through nominees. The Directors confirm that (a) no placee will, individually, be placed more than 10% of the enlarged issued share capital of the Company immediately after the completion of the Capitalization Issue and the Global Offering; (b) there will not be any new substantial shareholder (as defined in the Listing Rules) of the Company immediately after the completion of the Capitalization Issue and the Global Offering; (c) the number of Shares in public hands will satisfy the minimum percentage as approved by the Stock Exchange; (d) the three largest public shareholders of the Company do not hold more than 50% of the shares in public hands at the time of Listing in compliance with Rules 8.08(3) and 8.24 of the Listing Rules; and (e) there will be at least 300 Shareholders at the time of Listing in compliance with Rule 8.08(2) of the Listing Rules. 10

11 Over-allotment Option In connection with the Global Offering, the Company has granted the Over-allotment option to the International Underwriters, exercisable by the Joint Global Coordinators (on behalf of the International Underwriters), at any time from the Listing Date to Saturday, December 9, 2017, being the 30th day after the last day for lodging applications under the Hong Kong Public Offering, to require the Company to issue and allot up to an aggregate of 131,802,000 additional Offer Shares, representing not more than 15% of the total number of Offer Shares initially available under the Global Offering, at the Offer Price under the International Placing to cover, among other things, over-allocation in the International Placing. There has been an over-allocation of 131,802,000 Shares in the International Placing and such over-allocation will be settled using Shares to be borrowed under the Stock Borrowing Agreement between Bitauto Hong Kong Limited and the Stabilization Manager. Such borrowed Shares will be covered by exercising the Over-allotment Option or by making purchases in the secondary market or by a combination of these means. As of the date of this announcement, the Over-allotment Option has not been exercised. In the event the Over-allotment Option is exercised, an announcement will be made on the websites of the Company and the Stock Exchange at and 11

12 BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING Subject to the satisfaction of the conditions set out in the section headed Structure of the Global Offering Conditions of the Global Offering in the Prospectus, valid applications made by the public on WHITE and YELLOW Application Forms and through giving electronic application instructions to HKSCC via CCASS and to the White Form eipo Service Provider under the White Form eipo service will be conditionally allocated on the basis set out below: Number of Hong Kong Offer Shares applied for Number of valid applications Basis of allocation Approximate percentage allocated of the total number of Shares applied for POOL A ,529 3,253 out of 32,529 to receive 500 Shares 10.00% 1,000 27,252 2,981 out of 27,252 to receive 500 Shares 5.47% 1,500 15,387 1,743 out of 15,387 to receive 500 Shares 3.78% 2,000 15,339 2,117 out of 15,339 to receive 500 Shares 3.45% 2,500 11,206 1,925 out of 11,206 to receive 500 Shares 3.44% 3,000 10,551 2,171 out of 10,551 to receive 500 Shares 3.43% 3,500 2, out of 2,433 to receive 500 Shares 3.42% 4,000 6,234 1,701 out of 6,234 to receive 500 Shares 3.41% 4,500 2, out of 2,805 to receive 500 Shares 3.40% 5,000 23,631 8,011 out of 23,631 to receive 500 Shares 3.39% 6,000 9,428 3,824 out of 9,428 to receive 500 Shares 3.38% 7,000 4,073 1,922 out of 4,073 to receive 500 Shares 3.37% 8,000 3,602 1,936 out of 3,602 to receive 500 Shares 3.36% 9,000 1,879 1,133 out of 1,879 to receive 500 Shares 3.35% 10,000 26,162 17,476 out of 26,162 to receive 500 Shares 3.34% 15,000 13, Shares 3.33% 20,000 11, Shares plus 94 out of 11,740 to receive 2.52% additional 500 Shares 25,000 6, Shares plus 104 out of 6,954 to receive 2.03% additional 500 Shares 30,000 6, Shares plus 276 out of 6,626 to receive 1.74% additional 500 Shares 35,000 2, Shares plus 419 out of 2,125 to receive 1.71% additional 500 Shares 40,000 3, Shares plus 1,331 out of 3,729 to receive 1.70% additional 500 Shares 45,000 1, Shares plus 987 out of 1,894 to receive 1.69% additional 500 Shares 50,000 9, Shares plus 6,187 out of 9,153 to receive 1.68% additional 500 Shares 60,000 4,298 1,000 Shares 1.67% 12

13 Number of Hong Kong Offer Shares applied for Number of valid applications Basis of allocation Approximate percentage allocated of the total number of Shares applied for 70,000 3,828 1,000 Shares plus 544 out of 3,828 to receive 1.53% additional 500 Shares 80,000 2,096 1,000 Shares plus 905 out of 2,096 to receive 1.52% additional 500 Shares 90,000 1,099 1,000 Shares plus 789 out of 1,099 to receive 1.51% additional 500 Shares 100,000 14,411 1,500 Shares 1.50% 200,000 8,161 2,500 Shares 1.25% 300,000 3,753 3,000 Shares 1.00% 400,000 2,083 3,500 Shares 0.88% 500,000 2,164 4,000 Shares 0.80% 600,000 3,090 4,500 Shares 0.75% 292,862 POOL B 700,000 1,377 5,000 Shares 0.71% 800, ,500 Shares 0.69% 900, ,000 Shares 0.67% 1,000,000 2,340 6,500 Shares 0.65% 2,000,000 1,438 10,500 Shares 0.53% 3,000, ,000 Shares 0.50% 4,000, ,000 Shares 0.48% 5,000, ,000 Shares 0.46% 6,000, ,500 Shares 0.44% 7,000, ,000 Shares 0.43% 8,000, ,500 Shares 0.42% 9,000, ,000 Shares 0.40% 10,000, ,500 Shares 0.38% 20,000, ,000 Shares 0.34% 30,000, ,000 Shares 0.31% 43,934, ,500 Shares 0.30% 8,630 The final number of Offer Shares comprising the Hong Kong Public Offering is 307,538,000 Offer Shares, representing 35% of the total number of Offer Shares initially available under the Global Offering (before any exercise of the Over-allotment Option). 13

14 RESULTS OF ALLOCATIONS The results of allocations of the Hong Kong Offer Shares under the Hong Kong Public Offering successfully applied for under WHITE and YELLOW Application Forms and by giving electronic application instructions to HKSCC or through the designated service, including the Hong Kong identity card numbers, passport numbers or Hong Kong business registration numbers of successful applicants (where supplied) and the number of the Hong Kong Offer Shares successfully applied for, will be made available at the times and dates and in the manner specified below: in the announcement to be posted on the websites of the Company and the Stock Exchange at and respectively, by no later than Wednesday, November 15, 2017; from the designated results of allocations website at with a search by ID function on a 24 hour basis from 8:00 a.m. on Wednesday, November 15, 2017 to 12:00 midnight on Tuesday, November 21, 2017; from the allocation results telephone enquiry line by calling between 9:00 a.m. and 10:00 p.m. from Wednesday, November 15, 2017 to Saturday, November 18, 2017; and 14

15 in the special allocation results booklets which will be available for inspection during the opening hours of the individual receiving bank branches at the addresses set out below from Wednesday, November 15, 2017 to Friday, November 17, 2017: Bank of China (Hong Kong) Limited Branch Name Address Hong Kong Island Bank of China Tower Branch 3/F, 1 Garden Road Sheung Wan Branch Shop 1 4, G/F, Tung Hip Commercial Building, Des Voeux Road Central Lee Chung Street Branch Lee Chung Street, Chai Wan Kowloon Shanghai Street (Mong Kok) Branch Tsim Sha Tsui Branch 194 Cheung Sha Wan Road Branch Kwun Tong Plaza Branch Shanghai Street, Mong Kok Carnarvon Road, Tsim Sha Tsui, Kowloon Cheung Sha Wan Road, Sham Shui Po, Kowloon G1 Kwun Tong Plaza, 68 Hoi Yuen Road, Kwun Tong Metro City Branch Shop 209, Level 2, Metro City Phase 1, Tseung Kwan O New Territories Shatin Branch Shop 20, Level 1, Lucky Plaza, 1 15 Wang Pok Street, Sha Tin Fo Tan Branch No 2, 1/F Shatin Galleria, Shan Mei Street, Fo Tan The final Offer Price, the indications of level of interests in the International Placing, the level of applications in the Hong Kong Public Offering and the basis of allocation of the Hong Kong Offer Shares are also published on Wednesday, November 15, 2017 in the South China Morning Post (in English) and the Hong Kong Economic Times (in Chinese) and on the Company s website at and the website of the Stock Exchange at 15

16 分配結果 ( 白表 ) Results of Applications (White Form)

17 A A A A A A A A A A A A885494A A A A A311624A 500 A A885849A A A A A A A A A A890033A A A A A A A A A A A A A A A A A A A A A A A A A A A A900480A A A A901967A A A783533A 500 A A A A A A A A467131A 2500 A A A A A A A A A A A A474578A 500 A A A494278A 1000 A A A A798226A 500 A A A A A A A912256A A505277A 500 A A A A A A A A A A A A A G A011419A 1500 A A A A A A A A A A A A A536366A 1000 A A A A550896A 500 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A615388A 500 A A935956A 500 A A A A A A A A A A A A A A A A A A A A942048A 500 A A A830060A 500 A A A A831175A 500 A A145248A 500 A A A A A A A A A A A A A A A A A A A A A A A A A661948A 500 A838787A 500 A A A A A A A A A A A A A A A A A A A A A956385A 500 A A A A957293A 500 A A A A A A A A A A A A E A A854746A 500 A A A A A967841A 500 A A A A A A A862068A 500 A A A A A A A698823A 500 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A 分配結果 ( 白表 ) Results of Applications (White Form)

18 A B C C A B C C A B C C A B C C A991251A 500 B C C A B C353649A 500 C516865A 500 A B C C A B C C B B C C B B C C B B C C532953A 500 B B C C B060713A 500 B C C B B C C B B C C B B C C B110736A 500 B C C B B C C B B C C B B C C B B C C B B C C B B C C B C C C B289165A 500 C C C562065A 500 B C C C B C C C B C C395089A 500 C B C C C B C C C B C227081A 500 C402574A 500 C B C C405197A 500 C571476A 500 B C C C B C C C B C231728A 500 C410254A 500 C B C C C B C C412439A 500 C B C C C B C C C B C C C B385362A 1000 C C C B C C C B403066A 500 C C C B C C C B408204A 500 C C C B C C C B C277267A 1500 C C B C C C B C C C B C C C B C C C B C C C B C C C B585738A 500 C C C B C C C B C C447031A 1000 C B C294036A 500 C C B C C452245A 500 C B C C454349A 500 C B C C455307A 500 C B C C C B C C C B625249A 500 C C C B C C C B C C C B C C C B C C C B C C C B C C474438A 500 C B C C C B C C C B C C C B C C C B C C C B C C C B C C C B803337A 500 C C C B817075A 500 C C C B C C494916A 500 C B C C C B C C C B853672A 500 C C C B C C C650730A 500 B C C C650744A 500 B C C504344A 500 C B C C C B C C C B C346975A 5500 C C652820A 500 分配結果 ( 白表 ) Results of Applications (White Form)

19 C D D D C D D D C D D D C D D D C D D D C D D D C D D D C D D D C D D222733A 1000 D C D D D C D114175A 500 D D C671464A 1000 D D D324288A 500 C D D D C D D D C D D227060A 500 D C D D D C D D D D D D D D D D234123A 500 D D D128433A 500 D D D D D238172A 500 D D D D D D D D D D D D D D009331A 500 D D D D011810A 500 D D D D012617A 500 D D243694A 500 D D D D244876A 500 D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D148827A 1500 D D D023133A 1000 D D D D D D D D D D261368A 500 D D027859A 500 D159715A 500 D D D D D265713A 500 D D D D D D D D D D D D D D D167667A 500 D D D D168530A 500 D D D D D D D D D D D D D D371255A 500 D039025A 500 D180483A 500 D D D D D D D G D D D D D D D D D D D D D D379534A 1000 D043611A 500 D D D D D D D D D D D380490A 500 D D187062A 500 D281121A 1000 D D D188020A 500 D D D D D284116A 500 D D D D D D D D285573A 500 D D D D286433A 500 D D D192567A 500 D D D D D D D D D D D D D D D D D D D D200327A 500 D D D D D D D D201073A 500 D D D D D D D D D D D D D D D D D D D D D D D D D299912A 1500 D D D D D D D207875A 500 D D D D D301061A 1000 D406683A 500 D088659A 500 D D D D D D301223A 500 D D089777A 500 D D301254A 500 D D D D D D D D D D D D D D D D D 分配結果 ( 白表 ) Results of Applications (White Form)