Hong Kong Exchanges and Clearing Limited

FORM 2 - Corporate Substantial Shareholder Notice

Form Serial Number:

CS20201102E00038

1. Date of relevant event:

29/10/2020
(dd/mm/yyyy)

2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later):

(dd/mm/yyyy)

3. Stock code:

00376

4. Name of listed corporation:

Yunfeng Financial Group Ltd.

5. Class of shares:

Ordinary Shares

6. Number of issued shares in class:

3,867,991,673

7. Name of substantial shareholder:

Yunfeng Financial Holdings Limited

8. Registered office:

c/o Intertrust Corporate Services (Cayman) Limited, 190 Elgin Avenue, Grand Cayman KYl-9005, Cayman Islands

9. Principal place of business in Hong Kong:

Suite 3206, One Exchange Square, 8 Connaught Place, Hong Kong, Central

15. Exchange on which listed:

N/A

16. Name of listed parent and exchange on which parent is listed:

N/A

17. Details of relevant event:

Brief description of relevant event

Capacity in which shares were/are held

Number of shares bought/sold or involved

Currency of transaction

On Exchange

Off Exchange

Before relevant event

After relevant event

Highest price (per share)

Average price (per share)

Average consideration (per share)

Nature of consideration

Long position

1213	The percentage level of your interest in the shares has reduced because: any other event (you must briefly describe the relevant event in the Supplementary Information box)

2201	Interest of corporation controlled by you

Short position

18. Total shares immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long position	1,827,641,279	56.70

19. Total shares immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long position	1,827,641,279	47.25

20. Capacity in which interests disclosed in Box 19 are held:

Capacity code

Number of shares

2201	Interest of corporation controlled by you

Long position

1,827,641,279

21. Further information in respect of derivative interests:

Derivatives code	Number of shares

22. Further information in relation to interests of corporations controlled by substantial shareholder:

Name of controlled corporation

Address and place of incorporation

Name of controlling person

% control

Direct interest (Y/N)

Number of shares

Key Imagination Limited

Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG 1110, British Virgin Islands

Yunfeng Financial Holdings Limited

91.00

Long position

1,827,641,279

Jade Passion Limited

Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG 1110, British Virgin Islands

Key Imagination Limited

73.21

Long position

1,827,641,279

23. Further information in relation to interests held by substantial shareholder jointly with another person:

Name of joint shareholder	Address	Number of shares

24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:

Names of trust	Address	Status code	Number of shares

25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):

Names of other parties	Address	Number of shares

Total number of shares in which a substantial shareholder is interested under sections 317 and 318

26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:

Names	Address	Relationship Code	Percentage (%)

27. Supplementary information:

Jade Passion Limited has completed the subscription of 484,665,279 shares of Yunfeng Financial Group Limited (the "Company") pursuant to a subscription agreement dated 7 September 2020 and the total issued shares of the Company has increased to 3,867,991,673.

28. Log/Serial Number of the previous form:

29. Number of concert party document(s) under section 317 attached/uploaded:

Date of filing this Form 2:

02/11/2020
(dd/mm/yyyy)