HongDa Financial : CHANGE OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE, PRINCIPAL PLACE OF BUSINESS IN HONG KONG, AND NAME OF REGISTERED AGENT IN THE CAYMAN ISLANDS

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.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1822) CHANGE OFCOMPANYSECRETARYANDAUTHORISED REPRESENTATIVE, PRINCIPALPLACE OFBUSINESSINHONG KONG,AND NAMEOFREGISTEREDAGENTINTHE CAYMAN ISLANDS

The Board hereby announces the following changes:

CHANGEOFCOMPANYSECRETARYANDAUTHORISED REPRESENTATIVE

Mr. Mui Yuk Wah will replace Mr. Leung Cho Tak, Joseph as Company Secretary and Authorised Representative with effect from 22 May 2017.

CHANGEOFPRINCIPALPLACEOFBUSINESSINHONGKONG

The Company's principal place of business in Hong Kong will be changed to Suite 3618, Level 36, Two Pacific Place, 88 Queensway, Hong Kong with effect from 1 June 2017.

CHANGEOFNAMEOFREGISTEREDAGENTINTHE CAYMANISLANDS

The details of the Company's registered agent in the Cayman Islands has been updated as follows: Conyers Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands.

CHANGEOFCOMPANYSECRETARYANDAUTHORISED REPRESENTATIVE

The board of directors (the "Board") of HongDa Financial Holding Limited (the "Company") hereby announces that Mr. Leung Cho Tak, Joseph ("Mr. Leung") has tendered resignation as the company secretary of the Company ("Company Secretary") and will also cease to act as an authorised representative of the Company ("Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), with effect from 22 May 2017.

The reason for Mr. Leung's resignation is that his personal engagements require more of his time and attention. Mr. Leung has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange.

The Board is pleased to announce that Mr. Mui Yuk Wah ("Mr. Mui") has been appointed to fill the positions of Company Secretary and Authorised Representative with effect from 22 May 2017.

Mr. Mui, aged 33, holds a bachelor's degree in Economics from The Chinese University of Hong Kong. Mr. Mui had worked for an international accounting firm for more than 8 years with extensive experience in financial reporting, auditing, mergers and acquisitions and initial public offerings. Mr. Mui is a member of the Hong Kong Institute of Certified Public Accountants. Mr. Mui was an executive director and the company secretary of Aurum Pacific (China) Group Limited (Stock Code: 8148), a company listed on the Growth Enterprise Market of the Stock Exchange.

The Board would like to thank Mr. Leung for his contribution to the Company during his tenure of office and welcome Mr. Mui on his new appointments.

CHANGEOFPRINCIPALPLACEOFBUSINESSINHONGKONG

The Board also announces that the Company's principal place of business in Hong Kong will be changed to Suite 3618, Level 36, Two Pacific Place, 88 Queensway, Hong Kong with effect from 1 June 2017.

CHANGEOFNAMEOFREGISTEREDAGENTINTHE CAYMANISLANDS

The Board also announces that, as informed by its registered agent in the Cayman Islands, the name of its registered agent in the Cayman Islands has been changed from Codan Trust Company (Cayman) Limited to Conyers Trust Company (Cayman) Limited. As such, the details of the Company's registered office in the Cayman Islands shall be updated as follows: Conyers Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands.

By order of the Board

HongDa Financial Holding Limited Deng Shufen

Chairman and Executive Director

Hong Kong, 19 May 2017

As at the date of this announcement, the Board comprises Ms. Deng Shufen (Chairman), Ms. Chen Xiaohang (CEO), Ms. Liu Jiangyuan and Mr. Gong Qingli as executive directors; Mr. Jiang Tieqiao (Vice-Chairman) as non-executive director; and Mr. Fang Jun, Mr. Wong Yiu Kit, Ernest and Mr. Zhao Xianming as independent non-executive directors.