Coslight Technology International : PLEDGING OF SHARES BY CONTROLLING SHAREHOLDER

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

COSLIGHT TECHNOLOGY INTERNATIONAL GROUP LIMITED

光宇國際集團科技有限公司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 1043)

PLEDGING OF SHARES BY CONTROLLING SHAREHOLDER

This announcement is made by Coslight Technology International Group Limited (the "Company") pursuant to Rule 13.17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The Company has been notified that on 18 April 2021, Mr. SONG Dian Quan ("Mr. Song"), the controlling shareholder (as defined under the Listing Rules), the chairman and an executive Director of the Company, has mortgaged 145,000,000 ordinary shares (the "Mortgaged Shares") in the issued shares of the Company, in favour of Northeast China

Small and Medium-Sized Enterprises Credit Re-Guaranty Co., Ltd. Heilongjiang Branch* （東北中小企業信用再擔保股份有限公司黑龍江分公司）, an independent third party as security for a loan facility in an aggregate amount of RMB150,000,000 (the "Facility") provided by The Export-Import Bank of China, Heilongjiang Branch*（中國進出口銀行黑 龍江省分行）, an independent third party, to the Harbin Coslight Power Battery Company Limited*（哈爾濱光宇電源股份有限公司）, a non wholly-owned subsidiary of the Company.

The Mortgaged Shares represent approximately 38.64% of the total issued shares of the Company as at the date of this announcement. As at the date of this announcement, Mr. Song holds approximately 69.69% of the issued share capital of the Company.

• For identification purpose only

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The Mortgaged Shares is expected to be discharged and released upon repayment of the Facility in full.

The Company will continue to make disclosures in its subsequent interim and annual reports for so long as the above obligations relating to the controlling shareholder of the Company, Mr. Song, continue to exist pursuant to the requirements of Rule 13.21 of the Listing Rules.

By Order of the Board

Coslight Technology International Group Limited

SONG Dian Quan

Chairman

Hong Kong, 4 May 2021

As at the date of this announcement, the executive Directors of the Company are Mr. SONG Dian Quan, Ms. LUO Ming Hua, Mr. LI Ke Xue, Mr. XING Kai, Mr. ZHANG Li Ming and Mr. LIU Xing Quan; and the independent non-executive Directors are Dr. GAO Yun Zhi, Mr. LI Zeng Lin and Ms. ZHU Yan Ling.

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