Heng Xin China : Cancellation of listing

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.

Heng Xin China Holdings Limited

恒 芯 中 國 控 股 有 限 公 司*

(Incorporated in Bermuda with limited liability)

(Stock code: 8046)

CANCELLATION OF LISTING

This announcement is made by Heng Xin China Holdings Limited (the "Company") pursuant to Rule 17.10 of the GEM Listing Rules and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcements of the Company dated 13 April 2018, 23 April 2018, 17 July 2018, 25 July 2018, 26 November 2018, 26 February 2019, 9 April 2019 and 31 May 2019 (the "Announcements"). Terms defined in the Announcements shall have the same meaning herein unless otherwise defined or the context otherwise required.

CANCELLATION OF LISTING

Despite the efforts made by the Company, the Company has not been able to submit a resumption proposal to the Stock Exchange within the six-month remedial period which expired on 25 May 2019. On 14 June 2019, the Stock Exchange issued a letter to the Company advising the Company that the last day of listing of the Shares will be on 28 June 2019 (the "Last Listing Date") and the listing of the Shares will be cancelled with effect from 9.00 a.m. on 2 July 2019.

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CONSEQUENCES TO THE SHAREHOLDERS

All shareholders of the Company and investors should note that after the Last Listing Date, whilst the share certificates of the Shares will remain valid, the Shares will not be listed on, and will not be tradable on the Stock Exchange. Thereafter, the Company will no longer be subject to the GEM Listing Rules.

Shareholders of the Company who have any queries about the implications of the cancellation of listing of the Shares are advised to obtain appropriate professional advice.

By Order of the Board

HENG XIN CHINA HOLDINGS LIMITED

Lim Tong Yong

Chairman

Hong Kong, 26 June 2019

As at the date of this announcement, the Board comprises Tan Sri Dato' Lim Tong Yong (Chairman), Ms. Chan Ying (Chief Executive Officer), Mr. Gao Yang, Mr. Gao Xixi, Mr. Jesus Shaozhu and Mr. Wu Di as executive Directors and Mr. Wong Hon Kit, Ms. Lam Kong Ting Jielly and Mr. Lu Qinming as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the GEM website at www.hkgem.comon the "Latest Company Announcement" page for at least 7 days from the date of its posting and on the website of the Company at www.hengxinchina.com.hk.

* For identification purposes only

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