[ET Net News Agency, 21 March 2017] Huabao International (00336) said the Stock
Exchange has confirmed that it may proceed with the proposed spin-off and separate listing
of Huabao Flavours & Fragrances Co., Ltd. by way of separate A shares listing.
No formal application for the proposed A share listing has been filed with the relevant
regulatory authorities in the PRC.
Huabao proposes to convene a special general meeting on 10 April to obtain the approval
of shareholders regarding the proposed spin-off. (HL)