The Board of Directors of Hua-An wishes to announce that the Company had on 25 November 2020 entered into a tripartite shareholders' agreement with DWMH and HK Aerospace to regulate the respective equity participation, rights, obligations and other arrangements of SHIB and DWMH in respect of HK Aerospace.

Please refer to the attachment for details of the announcement.

This announcement is dated 25 November 2020.

Please refer attachment below.