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. AVIC Joy Holdings (HK) Limited 幸福控股（香港）有限公司 (Incorporated in Hong Kong with limited liability) (Stock Code: 260) DELAY IN DESPATCH OF CIRCULAR IN RELATION TO VERY SUBSTANTIAL ACQUISITION This announcement is made pursuant to Rule 14.36A of the Listing Rules. Reference is made to the announcement of AVIC Joy Holdings (HK) Limited (the “Company”) dated 6 January 2015 (the “Announcement”) in relation to the proposed Acquisition (as defined in the Announcement). Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement. As stated in the Announcement, a circular of the Company, containing further details of, among others, the Acquisition, a valuation report on the Property, the unaudited pro forma financial information of the enlarged Group and the notice convening the EGM, is expected to be despatched to the Shareholders on or before 31 January 2015. As additional time is required by the Company to finalise certain information to be included in the circular, the date for despatch of the circular will be postponed from 31 January 2015 to on or before 28 February 2015. By order of the Board AVIC Joy Holdings (HK) Limited Ji Hui Chief Executive Officer Hong Kong, 30 January 2015 As of the date of this announcement, the Board comprises nine Directors, of which Mr. Ji Guirong (Chairman) is the non-executive Director; Mr. Ji Hui (Chief Executive Officer), Mr. Zang Zheng, Mr. Zhang Chuanjun, Mr. Xiao Wei and Mr. Wang Xiaowei are the executive Directors; Mr. Hu Xiaowen, Mr. Gong Changhui and Mr. Wu Meng are the independent non-executive Directors.