Huabang Financial : RESIGNATION OF NON-EXECUTIVE DIRECTOR

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(Incorporated in the Cayman Islands with limited liability)

(Stock code: 3638)

RESIGNATION OF NON-EXECUTIVE DIRECTOR

The board of directors (the "Board") of Huabang Financial Holdings Limited (the "Company") announces that Mr. Yeung Wai Fai Andrew ("Mr. Yeung") has resigned as a non-executive director of the Company, with effect from 2 January 2019 to devote more time to his other business engagements.

Mr. Yeung has confirmed that there is no disagreement between himself and the Board and that there are no other matters with respect to his resignation that need to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Yeung for his valuable contribution to the Company.

By Order of the Board

Huabang Financial Holdings Limited

George Lu

Chairman & Chief Executive Officer

Hong Kong, 2 January 2019

As at the date of this announcement, the executive Directors of the Company are Mr. George Lu and Ms. Lau Wing Sze; the non-executive Directors of the Company are Mr. Lam Allan Loc and Mr. Pang Chung Fai Benny; and the independent non-executive Directors of the Company are Mr. Loo Hong Shing, Vincent, Mr. Zhu Shouzhong and Mr. Li Huaqiang.