This announcement is made by Broad Greenstate International Company Limited (the ‘‘Company’’) pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the ‘‘Board’’) of the directors (the ‘‘Directors’’) of the Company is pleased to announce that on 2 December 2015, Shanghai Greenstate Landscape Properties Company Limited* (上海綠澤景 觀置業有限公司)( ‘‘Greenstate Landscape’’), an indirect wholly-owned subsidiary of the Company, entered into a share purchase agreement (the ‘‘Agreement’’) with the shareholders of Shanghai Dongjiang Building Survey and Design Engineering Co., Ltd.* (上海東江建築勘察設計工程有限公司) (‘‘Dongjiang Design’’) (the‘‘Sellers’’), pursuant to which Greenstate Landscape shall purchase all the shares of Dongjiang Design from its shareholders for a total consideration of RMB3 million (the ‘‘Share Purchase’’).

Pursuant to the Agreement, completion is conditional upon certain conditions precedent including, among other things, Greenstate Landscape and Dongjiang Design having performed and complied in all material respects with their obligations under the Agreement. The Sellers shall use reasonable endeavors to ensure that all conditions precedent are satisfied within two months of the date of Agreement.

The Share Purchase does not constitute a notifiable transaction under Chapter 14 of the Listing Rules.

INFORMATION OF DONGJIANG DESIGN

Dongjiang Design is a company incorporated in the PRC and is currently in possession of the Construction Engineering Professional Level A Design Qualification (建築行業建築工程專業設計甲級 資質) and the Landscape Design Level B Qualification (風景園林設計乙級資質), both of which were

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granted by the China Ministry of Housing and Urban-Rural Development (中華人民共和國住房和城鄉 建設部). Dongjiang Design is the sole shareholder of Shanghai Dongjiang Garden Building and Engineering Limited* (上海東江建築園林工程有限公司).

Since its establishment, Dongjiang Design upholds the concept of ‘‘creating socially responsible design’’ and completed the design of a lot of large houses, schools, hospitals, commercial complexes and museums. Dongjiang Design has a high reputation within the industry and its designs are highly recognized.

Dongjiang Design is an independent third party to the Company.

REASONS AND BENEFITS OF THE SHARE PURCHASE

Dongjiang Design is experienced in the design industry with an exceptional team of designers. Upon completion of the Share Purchase, the relevant qualifications, professionals and management team of Dongjiang Design will be able to enhance our design capability and increase the Company’s competitiveness in securing more business opportunities.

The Board is of the view that the Share Purchase is in the interests of the Company and its shareholders as a whole.

By Order of the Board Broad Greenstate International Company Limited WU Zhengping Chairman and Executive Director