Hong Kong Exchanges and Clearing : CHANGE OF JOINT COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE AND WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

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.

Shinelong Automotive Lightweight Application Limited

勛龍 汽車 輕量化 應用 有限公 司

(incorporated in Cayman Islands with limited liability)

(Stock code: 1930)

CHANGE OF JOINT COMPANY SECRETARY AND

AUTHORISED REPRESENTATIVE AND

WAIVER FROM STRICT COMPLIANCE WITH

RULES 3.28 AND 8.17 OF THE LISTING RULES

RESIGNATION OF JOINT COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

The board of directors (the ''Board'') of Shinelong Automotive Lightweight Application Limited (the ''Company'') announces that due to work arrangements, Mr. Sit Man Pan (薛 文彬) (''Mr. Sit'') has tendered his resignation as the joint company secretary of the Company (''Joint Company Secretary'') under Rules 3.28 and 8.17 of The Rules Governing the Listing of Securities (''Listing Rules'') on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') and the authorised representative of the Company (''Authorised Representative'') under Rule 3.05 of the Listing Rules with effect from 28 August 2019.

Mr. Sit has confirmed that he has no disagreement with the Board and there is no any matter in respect of his resignation as a Joint Company Secretary and Authorised Representative which needs to be brought to the attention of the Stock Exchange and/or the shareholders of the Company. The Board would like to take this opportunity to express its gratitude to Mr. Sit for his contributions to the Company during his tenure of office.

APPOINTMENT OF JOINT COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

The Board is pleased to announce that it has resolved to appoint Ms. Lam Nim Chi (林念慈) (''Ms. Lam'') as the Joint Company Secretary and the Authorised Representative in place of Mr. Sit with effect from 28 August 2019.

- 1 -

Biographical details of Ms. Lam are set out as follows:

Ms. Lam, aged 29, is mainly responsible for compliance matters in relation to the Listing Rules as well as other Hong Kong regulatory requirements. Ms. Lam has seven years of experience in the corporate secretarial field. Ms. Lam has been employed by Tricor Services Limited, a global professional services provider specialising in integrated business, corporate and investor services, since 4 July 2012, and her current position is a manager in corporate services.

Ms. Lam obtained a bachelor degree in business administration from City University of Hong Kong (香港城市大學) on 16 July 2012. Ms. Lam has been registered as a chartered secretary, and an associate member of both the Hong Kong Institute of Chartered Secretaries and the Institute of Chartered Secretaries and Administrators in the United Kingdom since 30 November 2015.

Save as disclosed above, the Board is not aware of any other matters in relation to the appointment of Ms. Lam that need to be brought to the attention of the shareholders of the Company or any information that need to be disclosed pursuant to the requirements of the Listing Rules.

WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

Pursuant to Rule 8.17 of the Listing Rules, a listed issuer must appoint a company secretary who satisfies the requirements under Rule 3.28 of the Listing Rules. Rule 3.28 of the Listing Rules stipulates that a listed issuer must appoint as its company secretary an individual who, by virtue of his/her academic or professional qualifications or relevant experience, is, in the opinion of the Stock Exchange, capable of discharging the functions of company secretary.

The waiver from strict compliance with the requirements under Rules 3.28 and 8.17 of the Listing Rules granted by the Stock Exchange to the Company on 10 June 2019 has been revoked subsequent to Mr. Sit's resignation. As such, the Company has applied to the Stock Exchange for, and the Stock Exchange has granted on 31 July 2019, a waiver (the ''Waiver'') from strict compliance with the requirements under Rules 3.28 and 8.17 of the Listing Rules for the remaining period of the waiver (i.e. up to 27 June 2022) (the ''Remaining Period''), on the conditions that:

1. Ms. Shen Xuejuan (沈雪娟) (''Ms. Shen''), the other existing Joint Company Secretary, will be assisted by Ms. Lam during the Remaining Period;
2. The Company shall notify the Stock Exchange at the end of the Remaining Period for the Stock Exchange to re-visit the situation. The Stock Exchange expects that after the end of the Remaining Period, the Company will be able to demonstrate that Ms. Shen satisfies Rule 3.28 of the Listing Rules, having had the benefit of Ms. Lam's assistance such that a further waiver will not be necessary; and
3. The Company will announce details of the Waiver, including its reasons and conditions.

- 2 -

The Waiver applies to this case only and will be revoked immediately if and when Ms. Lam ceases to provide assistance to Ms. Shen. The Stock Exchange may withdraw or change the Waiver if the Company's situation changes.

The Board would like to take this opportunity to express a warm welcome to Ms. Lam for taking up the appointment.

By Order of the Board

Shinelong Automotive Lightweight Application Limited

Lin Wan-Yi

Chairman and executive Director

Hong Kong, 28 August 2019

As at the date of this announcement, the executive directors of the Company are Mr. Lin Wan-Yi, Mr. Yung Chia-Pu, Mr. Cheng Ching-Long and Mr. Lu Jen-Chieh; the non- executive director of the Company is Ms. Hsieh Pei-Chen; and the independent non- executive directors of the Company are Mr. So George Siu Ming, Mr. Lin Lien-Hsing and Mr. Fan Chi Chiu.

- 3 -