Hengxing Gold : NOTICE OF BOARD MEETING AND PROPOSED DECLARATION OF A SPECIAL DIVIDEND

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Hengxing Gold Holding Company Limited

恒興黃金控股有限公司

(Incorporated in the Cayman Islands with limited liability)

（Stock Code：2303）

NOTICE OF BOARD MEETING

AND

PROPOSED DECLARATION OF A SPECIAL DIVIDEND

The board of directors (the "Board") of Hengxing Gold Holding Company Limited (the "Company") hereby announces that a meeting of the Board will be held on Friday, 25 September 2020 for the purposes of, among other matters, considering and approving the declaration of a special dividend (the "Special Dividend").

The Company will make a further announcement after the meeting of the Board to set out the details of the Special Dividend, if approved by the Board.

As the proposed Special Dividend may or may not be approved by the Board, shareholders and potential investors of the Company are advised to exercise caution in dealing in the securities of the Company.

By order of the Board

Hengxing Gold Holding Company Limited

KE Xiping

Chairman

Hong Kong, 15 September 2020

As at the date of this announcement, the executive directors of the Company are Mr. KE Xiping, Mr. CHEN, David Yu and Mr. KE Jiaqi, the non-executive director of the Company is Mr. Albert Fook Lau HO and the independent non-executive directors of the Company are Ms. WONG, Yan Ki Angel, Dr. Tim SUN and Dr. PAN Guocheng.