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Successfully Listed On the Main Board of Hong Kong Stock Exchange

(Hong Kong, November 11, 2019) A renowned property developer and construction company based in Zhuozhou, a city in Hebei Province, China - China Tianbao Group Development Company Limited (“Tianbao Group” or the “Company”, stock code: 1427), was successfully listed and commenced dealings on the Main Board of The Stock Exchange of Hong Kong Limited (“Hong Kong Stock Exchange”) at 9:00 a.m. today, with a board lot of 1,000 Shares. The highest share price and closing price of the day were both recorded at HK$2.57 per share, approximately 2.80% higher than the offer price at HK$2.50 per share. A total of approximately 24.0 million shares were traded, with an aggregate turnover of approximately HK$60.1 million.

Mr. Li Baotian, Chairman of the Board, Executive Director and Chief Executive Officer of China Tianbao Group Development Company Limited, said, “The listing of Tianbao Group today marked an important milestone for the Company’s entry into the international capital market. We are very honored to receive enthusiastic support from international investors during the global offering. With our leading market position and unique competitive advantages, Tianbao Group will be able to capture these opportunities and explore new business opportunities and markets.”

China Tianbao Group Development Company Limited successfully listed on the Main Board of Hong Kong Stock Exchange today.
Picture shows Mr. Li Baotian, Chairman of the Board, Executive Director and Chief Executive Officer of China Tianbao Group Development Company Limited.

Mr. Li Baotian, Chairman of the Board, Executive Director and Chief Executive Officer of China Tianbao Group Development Company Limited
takes a group photo with the officiating VIPs.

Mr. Li Baotian, Chairman of the Board, Executive Director and Chief Executive Officer of China Tianbao Group Development Company Limited (Right) exchanges souvenir with representative of Hong Kong Stock Exchange(Left).

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Issued by Porda Havas International Finance Communications Group for and on behalf of China Tianbao Group Development Company Limited. For further information, please contact:

Porda Havas International Finance Communications Group

Fax: +852 3150 6728