[Dear Shareholders: Our strong financial results reported last year continued to gain momentum in fiscal 2016. A large part of this success can be attributed to our strategic focus over the past few years to overcome the challenging operating environment in China for manufacturing – particularly higher labor costs and associated costs that directly impact Highway Holdings’ fundamental value-proposition to] [HIGHWAY HOLDINGS LIMITED Suite 1801, Level 18 Landmark North 39 Lung Sum Avenue Sheung Shui New Territories, Hong Kong August 15, 2016 th Notice is hereby given that the Annual Meeting of Shareholders of Highway Holdings Limited (the “Company”), will be held at the offices of TroyGould PC, 1801 Century Park East, 16 (1) To elect three members of the] []