Minsheng Holdings Co.Ltd(000416) : Announcement on the completion of US dollar bond transfer and asset sale transaction

Securities code: 000416 securities abbreviation: Minsheng Holdings Co.Ltd(000416) Announcement No.: 2022-07 Minsheng Holdings Co.Ltd(000416)

Announcement on the completion of US dollar bond transfer and asset sale transaction

The company and all members of the board of directors guarantee the contents of information disclosure

True, accurate and complete, without false records, misleading statements or major omissions. Minsheng International Investment Co., Ltd., a wholly-owned subsidiary of Minsheng Holdings Co.Ltd(000416) (hereinafter referred to as " Minsheng Holdings Co.Ltd(000416) " or "the company"), and Xinghai Pacific Investment Limited (hereinafter referred to as "Xinghai Asia Pacific") signed the relevant transfer agreement Oceanwide Holdings Co.Ltd(000046) on February 25, 2022 The agreement on 14.5% senior secured notes with a principal of US $3.72 million issued by international development III Co., Ltd. in May 2019 intends to transfer Oceanwide Holdings Co.Ltd(000046) 14.5% senior secured notes with a principal of US $3.72 million issued by international development III Co., Ltd. in May 2019 (hereinafter referred to as US dollar bonds) to Xinghai Asia Pacific at a price of US $2.9016 million (78% of the nominal value), For details, see the announcement on the transfer and sale of US dollar bonds (Announcement No. 2022-05) disclosed by the company in China Securities Journal, securities times and cninfo on February 26, 2022.

The company has received the transfer price of USD 2901600 paid by Xinghai Asia Pacific on February 25, 2022, and the company has also transferred and registered the USD bond under the name of Xinghai Asia Pacific. This transaction has been completed.

It is hereby announced.

Minsheng Holdings Co.Ltd(000416) board of directors

February 26, 2002

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