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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities or an invitation to enter into any agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities.

The material contained in this announcement is not for distribution or circulation, directly or indirectly, in or into the United States. This announcement is solely for the purpose of reference and does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the securities offer are being offered and sold only outside the United States in offshore transaction in compliance with Regulation S under the Securities Act.

NOTICE OF LISTING ON

THE STOCK EXCHANGE OF HONG KONG LIMITED

JIANGSU ZHONGGUANCUN HOLDING GROUP (INTERNATIONAL) CO., LTD.

 (江蘇中關村控股集團（國際）有限公司)

 (incorporated with limited liability in the British Virgin Islands)

U.S.$300,000,000 6.50 per cent. Guaranteed Bonds due 2022 (the "Bonds")

(Stock Code: 40038)

unconditionally and irrevocably guaranteed by

JIANGSU ZHONGGUANCUN SCIENCE PARK HOLDING GROUP CO., LTD.

(江蘇中關村科技產業園控股集團有限公司)

(incorporated in the People’s Republic of China with limited liability)

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of, and permission to deal in the Bonds by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and in the Securities and Futures Ordinance (Cap. 571) of Hong Kong) only as described in the offering circular dated 21 October 2019. The listing and permission to deal in the Bonds is expected to become effective on 29 October 2019.

Hong Kong SAR, 28 October 2019

As at the date of this announcement, the sole director of Jiangsu Zhongguancun Holding Group (International) Co., Ltd. (江蘇中關村控股集團（國際）有限公司) is Mr.  Pan Zhiyi.

As at the date of this announcement, the directors of Jiangsu Zhongguancun Science Park Holding Group Co., Ltd. (江蘇中關村科技產業園控股集團有限公司) are Mr. Zhu Guanghua, Mr. Ding Lei and Ms. Wu Shuxin.