Hua Sheng Shares (600156): Controlling Shareholders' Equity Pfer Tips

Hunan Huasheng Limited by Share Ltd's prompt notice on the pfer of shares of controlling shareholders

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Hunan Huasheng Limited by Share Ltd (hereinafter referred to as "the company") has received the actual controller, the state owned assets supervision and Administration Commission of the Hunan Provincial People's Government (hereinafter referred to as "Hunan SASAC"), Document No. 2019 of Hunan Province. "Hunan province SASAC issued the notice on the merger and integration of Hunan Huasheng Group Co., Ltd." by the SASAC, which was examined and approved by the Executive Committee of the Hunan provincial government. It took the form of free pfer to pfer the assets, business and personnel of Hunan Huasheng Group Limited (hereinafter referred to as "Huasheng Group") to the Hunan Hunan Investment Holding Group Co., Ltd..

Hunan Xiang tou Holdings Group Co., Ltd. was established in July 18, 1992. Its registered capital is RMB $100 billion. It is a limited liability company (wholly state-owned).

Scope of operation: state-owned assets, finance, electricity, natural gas, metal new materials, electronic information, hotels, tourism, wholesale and retail investment and state-owned assets, new metal materials, electronic information, wholesale and retail business (involving laws, administrative regulations and the State Council decided to require the approval of the relevant departments of the project, approval is allowed to operate).

After the free pfer of shares, the controlling shareholder and the actual control of the company have not changed.

Before and after equity pfer, the ownership structure is as follows:

Before the pfer of Huasheng Group,

100%

40.31%

After the pfer of the shares,

100%

100%

40.31%

The pfer of shares of the controlling shareholder will be strictly in accordance with the requirements of relevant laws and regulations, the Hunan Hunan Investment Holding Group Co., Ltd. compiles the summary of the purchase report, and the company shall perform the obligation of information disclosure on behalf of the company. The subsequent company will make timely disclosure according to the progress.

The information disclosure media designated by the company are Shanghai securities news, securities times, securities daily and Shanghai stock exchange website (www.sse.com.cn). The company information is based on the announcement issued by the company in the above designated media.

Hunan province people's Government State-owned Assets Supervision and Administration Commission Hunan Huasheng Group Co., Ltd.

Hunan Huasheng Group Co., Ltd., Hunan Huasheng Limited by Share Ltd

Hunan Huasheng Limited by Share Ltd

State owned assets supervision and Administration Commission of Hunan Provincial People's Government

State owned assets supervision and Administration Commission of Hunan Provincial People's Government

Hunan Xiang tou Holdings Group Co., Ltd.

Hunan Huate Investment Holding Group Co., Ltd. Hunan Huasheng Group Co., Ltd.

Hunan Huasheng Group Co., Ltd., Hunan Huasheng Limited by Share Ltd

Understand investment risks, prudently and rationally invest.

Notice hereby.

Hunan Huasheng Limited by Share Ltd board of directors

January 17, 2019