Corporate PresentationSep 2016

(HKEx stock code: 3788)

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This material contains certain forecasts and forward-looking information, including regarding possible orassumed future performance, costs, production levels or rates, prices, resources, or potential growth ofChina Hanking Holdings Limited (“China Hanking”) , industry growth, or other trend projections. Suchforecasts and information are not a guarantee of future performance and involve unknown risks anduncertainties, as well as other factors, many of which are beyond the control of China Hanking. Actual resultsand developments may differ materially from those expressed or implied by these forward-looking statementsdepending on a variety of factors.

No representation or warranty, expressed or implied, is made or given by or on behalf of China Hanking, anyof China Hanking directors, or any other person as to the accuracy or completeness or fairness of theinformation or opinions contained in this presentation and no responsibility or liability is accepted by any ofthem for such information or opinions or for any errors, omissions, misstatements, negligent or otherwise, orfor any communication written or otherwise, contained or referred to in this presentation.

Accordingly, neither Hanking nor any of the China Hanking directors, officers, employees, advisers,associated persons or subsidiary undertakings shall be liable for any direct, indirect or consequential loss ordamage suffered by any person as a result of relying upon the statement or as a result of any admission in,or any document supplied with, this presentation or by any future communications in connection with suchdocuments and any such liabilities are expressly disclaimed.

Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sellsecurities.

Disclaimer

Company Overview

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China Hanking –Fast Growing International Miners with Proven Track Record

Indonesia Laterite Nickel MinesLocation North Konawe, Sulawesi

Life of mine 63 years

Mining method Open pit

JORC resources(laterite nickel)

350mt nickel ore @ 1.37%Ni, 4.48mt nickel metal

JORC resources (high iron, low nickel)

90.54mt @ 50.3%Tfe & 0.8%Ni

Mining capacity 5 Mt per annum

Iron Ore Mines in ChinaLocation Fushun and Benxi, Liaoning

Life of mine 22 years

Mining method Open pit + underground

JORC resources 240mt @ 28.7%TFe

JORC reserves 170mt @ 25.3%TFe

Processing capacity 10mt per annum

Grade 66-69%

Gold Mines in Australia

Location Southern Cross, Western Australia

Mining method Open pit + underground

JORC resources 35,420 kt @ 4.1 g/t, 4.63 moz

JORC reserves 9,560 kt @ 3.3 g/t, 1.01 moz

Mining rights 1,159 km2

Processing capacity 2.4mt per annum

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Hanking SXO Gold Project –Strategic Location with Abundant Resources

Mined volume in 1H 2016: 197,407 tons Resources: 418 Kt @ 3.42 g/t Reserve: 128 Kt @ 4.0 g/t Gold contained: 108 thousand oz

Nevoria – UG

Mined volume in 1H 2016: 675,755 tons Resources: 5,290 Kt Reserve: 281Kt @ 3.3g/t Gold contained: 561 thousand oz

Axehandle-Cornishman – OP & UG

Mining: 430 Processing: 343 Admin & selling cost: 55 Stockpile adjustments: 10 C1 cost: 836 AISC: 1,041

Cost Summary (AUD/oz)

Resources: 5,139 Kt @ 6.09 g/t Reserve: 278 Kt Gold contained: 1,006 thousand oz

Yilgarn Star – OP & UG

Resources: 3,533 Kt @ 5.20 g/t Gold contained: 590 thousand oz

Copperhead – OP

Resources: 6,541 Kt @ 5.10 g/t Reserve: 117 Kt @ 5.10 g/t Gold contained: 1,073 thousand oz

Frasers-Transvaal – OP & UG

Resources: 5,767 Kt @ 3.20 g/t Gold contained: 594 thousand oz

Marvel Loch-Jaccoletti

Resources: 1,971 Kt @ 2.19 g/t Reserve: 28Kt @ 2.7 g/t Gold contained: 139 thousand oz

Edwards Find – OP

Extensive infrastructures Annual capacity: 2.4 Mt Commissioning in January 2015 adopted the carbon in pulp (CIP)

production technique Recovery rate: 91% mining cost: AUD25/t Production volume: 63,806 oz

Marvel Loch – Plant

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Hanking SXO Gold Project –A Short But Successful History

2013

In January 2013, the Company acquired 100% equity interest in the Western-Australian SXO Gold Mine

In August 2014, The SXO Gold Project commenced mine stripping

2014 2015 2016

JORC resource up from 2.4 Moz to 4.6 Moz of gold

Open pit mining started on the 28 August 2014, and underground mining commenced on 15 December 2014

Completed project financing of US$35 million to fully fund the project

First gold was poured in February 2015

The SXO Gold Project was put into commercial production in August 2015

AUD33.4 million worth gold was hedged at AUD1,670/oz

Acquired 100% interest in two strategic mining tenements (M77/765 and M77/766) with 40,434 oz of gold resource

JORC resources increased to 4.63 Mozof gold

JORC reserve increased to 1.01 Mozof gold

Produced 63,806 oz of gold and sold 64,232 oz of gold in 1H 2016

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Gold Industry Overview –Renaissance of Australian Gold Mining

In 2013, large international miners raced to exit their Australian mines. But since then, AUD gold price has significantly outperformed both USD gold price and VanEck Vectors Gold Miners ETF since 2013

Australia, the world’s 2nd largest gold producer, remains one of the better and more mature market with better jurisdiction, operating environment, etc

Australian miners return to profitable growth and their valuation is picking up. M&As within regions are expected to heat up

Holdings of Australian listed gold miners in VanEck Vectors Gold Miners ETF has been increasing (11.39% as at 16 Aug2016)

Hanking SXO Gold Project started commercial production in August 2015 and recorded net profit of RMB50.3 million(AUD9.9 million) in 2015

Source: Bloomberg

Price trend (1 July 2013 – 30 June 2016): AUD Gold vs. USD Gold vs. VanEck Vectors Gold Miners ETF

Review on Operations

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2016 1H Operational Highlights Produced gold of 63,806 oz, up 465.2% yoy

Sold gold of 64,232 oz*, up 530.8% yoy (ASP: AUD1,647/oz)

Sales revenue amounted to RMB493.4 million, up 551.5% yoy

Net profit amounted to RMB40.2 million; NPM was 8.2%

Strong results from

gold business

JORC resource increased to 35,417 Kt at an average grade of 4.1 g/t containing 4,630 thousand oz of gold, up 50.96% from end-May 2016

JORC reserve increased to 9,560 Kt at an average grade of 3.3 g/t containing 1,010 thousand oz of gold, up 48.1% from end-May 2016

Significant increase in

gold resources

and reserves

Output of iron ore concentrates from Maogong Mine amounted to 353.89 Kt, up 61.53% yoy

Technology improvements boosted Maogong Mine’s contribution, which accounted for 45.8% of our total output of iron ore concentrates

Production expansion of

MaogongMine

Cash operation cost of iron ore concentrates was RMB246.66/t as of 30 June 2016, down 15.2% yoy, in which:

• Comprehensive mining costs: RMB107.57/t, down 8.3% yoy;

• Processing costs: RMB80.87/t, down 15.7% yoy;

• Transportation: RMB17.77/t, up 0.4% yoy;

• Tax: RMB28.43/t, down 26.4% yoy;

• Others: RMB12.03/t, down 44.1% yoy

Low-cost competitive

edge

* Includes sales of gold of 1,959 oz attributable to partner in Hanking Gold Mining Alliance

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Hanking SXO Gold Project –Successful Transformation

Hanking SXO Gold Project has shown continued success,with its production and sales growing rapidly sincecommercial operation in Aug 2015

Contribution from gold business (income in 1H 2016:RMB493.4 million) surpassed iron ore business as itsincome accounted for 60% of our total revenue in 1H 2016

With efforts in exploration programs and acquisitions,resources and reserves increased substantially. Resourcesnearly doubled since acquisition

Our strategic changes proved successful as we transformfrom an iron ore miners in China into an internationalminers with a focus on precious metals and rare resources

Gold output

63,806

11,290

64,232

10,183

2016 1H 2015 1H

Gold output Gold sold

(oz)

465.1%

530.8%

Average selling price

1,647

1,547

2016 1H 2015 FY

(AUD / oz)

Apr 2013 Jan 2014 Aug 2014 Mar 2015 Feb 2016 Jul 2016

Growth in resources(Moz)

2.4 2.5 2.8 3.0 3.2

4.6

(Acquisition)

42

-1 -8 2

2016 1H 2015 1HOperating cash flow Net cash flow

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Cash flow(AUD mn)

Hanking SXO Gold Project –Cost and Cash Flow Analysis

836 762

1,041 979

21.0%

46.8%

2016 1H 2015 FY

Direct cash costs All-in sustaining costsEBITDA margin

Cost analysis(AUD / oz)

Increase in production costs was mainly due todecrease in output of gold ore with higher grade as aresult of collapse at Cornishman open pit mine

Currently, we are undertaking construction works forunderground mining of Cornishman Mine

Negative net cash flow was attributable to therepayment of bank loans

36,358

9,444

1,625 1,662

2016 1H 2015 FY

Ounces hedged Avg hedged price (AUD)

Hedge profile

68.10%67.78%

69.52% 69.49%

68.81%68.60%

2016 1H 2015 1H

Maogong Aoniu Overall

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Sales volume

353.89 219.09

401.68 593.29

2016 1H 2015 1HMaogong Aoniu

(Kt)

Grade(TFe)

Operating margin

449 488

247 291

27.95% 32.87%

2016 1H 2015 1H

ASP Total cash operation costs EBITDA margin

(RMB / t)

Iron ore output (Maogong and Aoniu)

Through efforts of technology improvement, overall grade of our iron ore concentrates was improved. Output of Maogong Mine significantly increased by 61.53% and accounted for 45.8% of our total output. Total output was 772.69 Kt (964.52 Kt in 1H 2015)

Production at both Xingzhou Mine and Shangma Mine was suspended to enhance efficiency Maintained low-cost advantage with the cash operation cost down by 15.24%

357.82 215.9

409.46 588.36

22.21 122.84

37.34

2016 1H 2015 1HMaogong Aoniu Benxi Shangma

(Kt)964.44

789.49

Iron Ore Business –Reduced Costs and Enhanced Efficiency

Regulations promulgated by Indonesia on 13 January2014 required all holders of mining operation licensesto undertake mineral processing and refining withinIndonesia in order to export raw ore products

According to statistics, production capacity of nickelprojects expected to commence production by June2017 in Indonesia will amount to 348,000 metric tonsof metal nickel, with an annual consumption of lateritenickel containing 1.8% nickel of over 30 million metrictons

Nickel price saw moderate recovery since 2Q 2016with reduced supply and increased demand

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Nickel Business

1

Geotechnical engineering exploration for proposed blast furnace plant and oceangraphic surveys for proposed jetty at BSM mining area were completed; information on water supply for smelting plants from Molore and Langgikima River was obtained; boundary surveys and other preparatory works for forest permit of BSM mining area were completed.

2 Construction of dormitories, storages, plants and other structures with a GFA of 2,670 sq.m. was completed.

3 Existing roads of 11.5 kilometers were maintained, and cofferdams of 670 meters were newly built or repaired.

4 Application for IUP license for Central Sulawesi limestone was completed .

5

fine-tuned planning of industrial park for comprehensive development of nickel resources, and preliminary letters of intent for investments in industrial park were entered into with renowned enterprises.

6

Adjustments were made to construction plan of Phase 1 smelting project to better fit the China’s development strategy of “One Belt and One Road” and the target of “Going-global” of equipment manufacturing industry.

7 Approached potential partners and reached letters of intent for investments.

Industry Overview Work Progress

Financial Review

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Revenue

493.4

326.6

471.2

2016 1H 2015 1H

EBITDA

Gross profit

471.2

820.0

110.5

141.1

13.5%

30.0%

2016 1H 2015 1H

Gross profit GPM

179.1

127.6

21.8% 27.1%

2016 1H 2015 1H

EBITDA EBITDA margin

Net profit

-105.7 -112.3

2016 1H 2015 1H

Key Financials –Improving Operating Results

(RMB mn) (RMB mn)

(RMB mn) (RMB mn)

85.1

112.6

10.4%

23.9%

2016 1H 2015 1H

Admin expenses As % of revenue

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Stringent Cost Control

Selling & Distribution expenses (as % of revenue)

15.7

18.5

1.9%

3.9%

2016 1H 2015 1H

S&D expenses As % of revenue

Finance costs (as % of revenue)

72.1

80.3

8.8%

17.1%

2016 1H 2015 1H

Finance costs As % of revenue

Administrative expenses (as % of revenue)

In light of fluctuating market, we have exercisedstringent cost control. Expenses were loweredsignificantly

Adjusted production outlay for iron ore mines as welargely increased production at mines with lower costs

Technology upgrades helped reduce cash operationcost of iron ore concentrates

Flexible and reasonable financial arrangements to lowerfinance costs

Capital Expenditure

(RMB mn)

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Gold Iron ore Nickel

(RMB mn) (RMB mn)

56.8

132.2

2016 1H 2015 1H

98.7

203.7

2016 1H 2015 1H

15.2

10.6

2016 1H 2015 1H

Our capital commitment for 2H 2016: RMB10.64 million (gold), and RMB108.3 million (iron ore)

As of 30 June 2016, cash balance amounted to RMB895.8 million; bank borrowing was RMB2,746.9 million; gearingratio was 80.57%

Future Development

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Business Model

LOW COST

Regardless of market volatility, we are committed to low-cost acquisitions, mine development, and operations, as these are the key value driver for the investments

HIGH GROWTH

We are capable of maintaining a high growth rate through investments into world-class assets

LOWRISK

The risk of investment can be confined to a low level by focusing on only those producing mines or projects in advanced stages

HighReturn

The high return can be achieved through high earning margins and free gain of upside exploration potentials

Low Cost Model

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1 CLEAR M&A STRATEGY

Assessment of target’s strategic fit Assessment of benefits from the deal Precise valuation of expected synergies

4 SUCCESSFUL POST INTEGRATION

Process/procedure integration Cultural harmonization Identification of managerial skills

2 WELL EXECUTED DUE DILIGENCE

Careful and precise due diligence Assessment of potential risks Design of negotiation tactics

3 DISCIPLINED DEAL EXECUTION

Definition of the best method of payment Impact on the bidder’s financial situation Definition of the premium to be paid

M&A

Strategic Acquisitions

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Near Term Goals

Gold focused development: On the basis of the SXO operations, Hanking will continue to expand its productionvolumes, targeting to production level of 200-300Koz annual. Hanking will be well prepared for new acquisitionswhen right assets come up at the right times

Exploration potentials: Continue to invest into exploration activities around the 1,159 km2 land package coveringthe famous 150km long mineralization zone in the Western Australia

Enhancing cash flow earnings from iron ore operations: On the current low-cost operational schemes, Hankingwill continue to cut costs of productions, management, and land usages. These efforts will surely help enhance ourcapabilities of cash flow generations

Commencement of nickel mining: As more and more new smelter facilities are constructed and start to operate,demand of laterite nickel ores is expected to be soaring in the next six months. Hanking will grab the opportunitiesand prepare for commencement of mining operations at any time

Risk management: The mineral commodity market has been highly volatile, which creates high uncertainties in thecompany’s finance. Hanking will implement additional hedging measures on iron ore products after hedges on goldprice was put in place last year. We will initiate a program of futures trading for the iron ore products

Gold Focused Development Strategies

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