Huabang Financial : SUPPLEMENTARY INFORMATION IN RELATION TO 2017 ANNUAL REPORT

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)

(Stock code: 3638)

SUPPLEMENTARY INFORMATION

IN RELATION TO 2017 ANNUAL REPORT

Reference is made to the annual report of Huabang Financial Holdings Limited (the "Company") for the year ended 31 March 2017 (the "Annual Report") published on the website of the Stock Exchange of Hong Kong Limited on 21 July 2017 and despatched to the shareholders of the Company (the "Shareholders") on 22 July 2017. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Annual Report.

Further to the information disclosed in the Annual Report, the Company wishes to provide the Shareholders and the public with the following supplementary information in relation to page 11 of the Annual Report.

CAPITAL STRUCTURE AND FUND RAISING ACTIVITIES

On 24 October 2016, the Company completed a placing of 330,000,000 ordinary shares, the gross proceeds and net proceeds from the Placing are approximately HK$151.8 million and HK$144.2 million respectively. The Company wishes to supplement the following:

As at 31 March 2017, the net proceeds of HK$144.2 million from the Placing had been fully utilised as intended for general working capital of the Group including the payment for procurement of trading goods and repayment of the bank borrowings.

The above additional information does not affect other information contained in the Annual Report and save as disclosed in this announcement, the remaining contents of the Annual Report remain unchanged.

By Order of the Board Huabang Financial Holdings Limited

George Lu

Chairman & Chief Executive Officer

Hong Kong, 15 January 2018

As at the date of this announcement, the executive Directors of the Company are Mr. George Lu, Mr.

Lau Wan Po, Mr. Pang Chung Fai Benny and Ms. Lau Wing Sze; and the independent non-executive Directors of the Company are Mr. Loo Hong Shing, Vincent, Mr. Shin Yick Fabian, Mr. Mu Binrui and Mr. Lam Allan Loc.