Hydoo International : APPOINTMENT OF CHIEF FINANCIAL OFFICER

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GUANGDONG - HONG KONG GREATER BAY AREA

HOLDINGS LIMITED

粵 港 灣 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1396)

APPOINTMENT OF CHIEF FINANCIAL OFFICER

Reference is made to the announcement of Guangdong - Hong Kong Greater Bay Area Holdings Limited (the "Company", together with its subsidiaries, the "Group") dated 30 June 2020 in relation to the resignation of chief financial officer of the Company.

The board (the "Board") of directors of the Company is pleased to announce that Mr. Zhong Ding Hua ("Mr. Zhong") has been appointed as the chief financial officer of the Company with effect from 17 September 2020. Mr. Zhong will be in charge of the overall financing and investor relations affairs of the Group.

The biographical details of Mr. Zhong are as follows:

Mr. Zhong has more than 20 years of experience in the real estate industry in the PRC and has extensive operational experience in project financing, overseas mergers and acquisitions, corporate diversification and internationalization, and financial management.

From July 1994 to July 2001, Mr. Zhong served as the finance manager, finance director, and deputy general manager of the finance department of Shenzhen Nanshan Development Group. From 2005 to May 2010, he served as the finance supervisor of Zhuoyue Real Estate Group Co., Ltd.. From September 2011 to June 2016, he served as deputy general manager of the funds department of Shenzhen Hazens Real Estate Group Co., Ltd.. From July 2016 to October 2018, he served as the president of Shenzhen Zhengde Financial Holdings Co., Ltd.. From January 2019 to June 2020, he served as the chief investment and finance officer of Legend Strategy International Holdings Group Company Limited (stock code: 1355), a company listed on the Main Board of The Stock Exchange of Hong Kong Limited.

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Mr. Zhong graduated from the Department of Finance in Jinan University in the PRC majoring in International Finance in 1994. In 2004, he completed the postgraduate diploma certificate program at the University of Auckland in the New Zealand.

The Board would like to take this opportunity to welcome Mr. Zhong to the Group.

By Order of the Board

Guangdong - Hong Kong Greater Bay Area Holdings Limited

WONG Choi Hing

Chairman and Executive Director

Hong Kong , 16 September 2020

As at the date of this announcement, the executive directors of the Company are Mr. Wong Choi Hing, Mr. Cai Hongwen, Mr. Zeng Yunshu, Mr. Wang Dewen and Mr. Yang Sanming; and the independent non-executive directors of the Company are Mr. Zhao Lihua, Mr. Lam Chi Yuen Nelson and Mr. Yue Zheng.

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