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                      CHOW TAI FOOK (HOLDING) LIMITED
                      Jewellery Production and Retailing
                      Jewellery Production and Retailing
                      Hong Kong Stock Code: 01929
                      Hong Kong Property Development and Investment
                      Hong Kong Property Development and Investment
                      Hong Kong Stock Code: 00017
                      61%
                      Infrastructure and Service
                      Infrastructure and Services
                      Hong Kong Stock Code: 00659
                      100%
                      Mainland Property Development and Investment
                      Mainland Property Development and Investment
                      Indirect wholly owned subsidiary of New World Development
                      75%
                      Mainland Department Store
                      Mainland Department Store
                      Hong Kong Stock Code: 00825

                      “As at 30 June 2018”