編號 Ref. No.: CD/DNS/CCASS/117/2018 日期 Date: 15/06/2018 香港中央結算有限公司 ( 香港交易及結算所有限公司全資附屬公司 ) HONG KONG SECURITIES CLEARING COMPANY LIMITED (A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited) 通告 CIRCULAR Subject: China Finance Investment Holdings Limited (Sck Code: 875) - Proposal of Capital Reorganization Enquiry: Hotline: 2979 7111 / E-mail: clearingps@hkex.com.hk Pursuant the Capital Reorganization proposal of China Finance Investment Holdings Limited ( CHINA FIN INV ), the par value of each issued of HK$0.01 ( Existing ) will be reduced HK$0.001 ( Reduced ) by canceling paid up capital the extent of HK$0.009 on each issued. Immediately after the Capital Reduction becomes effective, every 10 issued Reduced s of HK$0.001 each will be consolidated in 1 Consolidated of HK$0.01 ( Consolidated ) each. Dealings in the Consolidated s are expected commence on 25 June 2018. For the convenience of CCASS Participants, HKSCC will carry out the conversions of actual holdings, transactions (including Settlement Instruction Transaction ("SI Transaction"), Invesr Settlement Instruction Transaction ("ISI Transaction") and Compulsory Sck Borrowing Transaction ("CSB Transaction")) and/or unsettled sck positions (including Continuous Net Settlement Position ("CNS Position") and Isolated Trade Position ("IT Position")) of participants in CCASS facilitate settlement of both Consolidated s and Existing s in CHINA FIN INV. A sck conversion schedule is attached herewith as per Appendix I. The aforesaid conversion process would be carried out in the Deposiry and Common Nominees System ("DNS") aumatically on the scheduled dates. However, for sck positions that remain unsettled between 11 July 2018 and 8 August 2018, the CCASS Participants concerned who need effect the relevant conversion of their holdings for the purpose of settling their short positions should submit the Parallel Trading Conversion Instruction through CCASS Terminals during the above-mentioned period. CCASS Participants who wish deposit shares or withdraw shares from the CCASS Deposiry are requested note the following: - (A) Deposit Arrangement 1. From 27 June 2018 until 8 August 2018, Existing certificates representing shares of HK$0.01 each (brown in colour) will be accepted for deposit under sck code: 2946 (Temp). Effective from 9 August 2018, Existing certificates representing shares of HK$0.01 each will only be accepted for deposit for cusdy purpose under sck code: 875 (New).
2 Effective from 10 July 2018, the CCASS Deposiry will accept deposit of Consolidated certificates representing shares of HK$0.01 each (yellow in colour) under sck code: 875 (New). 2. For deposits of both Existing and Consolidated certificates of CHINA FIN INV under the same sck code, CCASS Participants are requested use separate Transfer Deeds and Sck Deposit Forms cover the Existing and Consolidated certificates respectively. 3. An example on how complete the Sck Deposit Form in respect of deposits of Existing s is given as per Appendix III. (B) Withdrawal Arrangement 1. With effect from 27 June 2018 until 11 July 2018, the CCASS Deposiry will only accept withdrawal of shares under the temporary sck code: 2946. If participants' holdings are recorded under sck code: 875, they should apply in writing the CCASS Deposiry convert their holdings the temporary sck code: 2946 for the purpose of withdrawal. Upon acceptance of the withdrawal order, the CCASS Deposiry will effect delivery of either Existing certificates representing shares of HK$0.01 each or Consolidated certificates representing shares of HK$0.01 each subject availability of the two types of share certificates. 2. With effect from 12 July 2018, the CCASS Deposiry will only accept withdrawal of Consolidated s under the new sck code: 875. If participants' holdings are recorded under temporary sck code: 2946, they should submit the Parallel Trading Conversion Instruction through CCASS Terminals convert their holdings the new sck code: 875 for the purpose of withdrawal. Detailed schedule for accepting deposits and withdrawals under sck code: 875 or the temporary sck code: 2946 is given as per Appendix II. Wil Tang Vice President Deposiry and Nominee Services
3 Temporary Counter for Trading Sck Code 2946 (Temp) CHINA FINANCE INVESTMENT HOLDINGS LIMITED Corporate Events Schedule of Sck Conversion Start of Parallel Trading Sck Code 875 (New) Sck Code 2946 (Temp) End of Parallel Trading APPENDIX I 25/06/18 10/07/18 30/07/18 26/06/18 09/07/18 11/07/18 01/08/18 08/08/18 Conversion Cycle 1 st CA 2 nd CA 3 rd CA 4 th CA 5 th CA Sck Conversion 875 (Old) 2946 875 (Old) 2946 2946 875 (New) 2946 875 (New) 2946 875 (New) Holding Position No (CNS and IT) No No No Transaction Conversion Ratio 10 1 10 1 1 1 1 1 1 1 Note: 875 (Old) - Existing s of HK$0.01 each trading in board lots of 20,000 shares 2946 (Temp) - Temporary counter for trading in board lots of 2,000 Consolidated s 875 (New) - Consolidated s of HK$0.01 each trading in board lots of 20,000 shares CA - Corporate Action CNS - CNS Position IT - IT Position SI - SI Transaction ISI - ISI Transaction CSB - CSB Transaction
4 APPENDIX II CHINA FINANCE INVESTMENT HOLDINGS LIMITED Schedule for accepting deposit and withdrawal under sck codes 875 or 2946 during the conversion cycle Acceptance period for 25/06/18 26/06/18 27/06/18 09/07/18 10/07/18 11/07/18 12/07/18 01/08/18 02/08/18 08/08/18 From 09/08/18 Onwards Deposit under sck code 875 Deposit under sck code 2946 No (Consolidated (Consolidated (Consolidated (Existing certificate certificate certificate quantity) representing shares of HK$0.01 each) representing shares of HK$0.01 each) representing shares of HK$0.01 each) No No Withdrawal under sck code 875 No No Withdrawal under sck code 2946 No No No No
5 APPENDIX III Example on how complete a Sck Deposit Form in respect of deposits of Existing s of HK$0.01 each of China Finance Investment Holdings Limited on and after the effective date of Capital Reorganization: A CCASS Participant presents the following Existing s of HK$0.01 each of China Finance Investment Holdings Limited the CCASS Deposiry for deposit on or after 27 June 2018. Existing Existing Consolidated quantity printed on quantity quantity Certificate Number each certificate (HK$0.01 each) (HK$0.01 each) 1101-1102 20,000 40,000 4,000 1141 200,000 200,000 20,000 1142-1143 29 58 4# Difference 1 * TOTAL: 240,058 24,005 # Each Existing certificate of 29 shares of HK$0.01 each represents 2 Consolidated s of HK$0.01 each, which adds up 4 Consolidated s of HK$0.01 each. * The add up tal of the Existing quantity of 240,058 shares of HK$0.01 each divided by 10 amounts 24,005 Consolidated s of HK$0.01 each. The sum of individual certificate ranges added up 24,004 Consolidated s ( 4,000 + 20,000 + 4). The CCASS Participant is requested insert the difference of 1 share on the "No. of s" column make up the tal Consolidated quantity from 24,004 24,005 for processing by the CCASS Deposiry.
樣本 S A M P L E 6 B99999 #875/2946 ABC & CO China Finance Investment Holdings Limited 1 1 0 1 1 1 4 1 1 1 4 2 * DIFFERENCE 1 1 0 2 1 1 4 3 4, 0 0 0 2 0, 0 0 0 4 1 2 4, 0 0 5 #Note: Existing certificate representing shares of HK$0.01 each will only be accepted for deposit for cusdy purpose under sck code: 875 (New) with effect from 9 August 2018.