EForce : FURTHER EXTENSION OF LONG STOP DATE IN RELATION TO MAJOR AND CONNECTED TRANSACTION IN RELATION TO THE ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SHENZHEN QIANHAI CITIC HUATENG INDUSTRIAL CO., LTD.

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.

eFORCE HOLDINGS LIMITED

意 科 控 股 有 限 公 司 *

(Incorporated in Bermuda with limited liability)

(Stock code: 943)

FURTHER EXTENSION OF LONG STOP DATE

IN RELATION TO

MAJOR AND CONNECTED TRANSACTION

IN RELATION TO

THE ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SHENZHEN QIANHAI CITIC HUATENG INDUSTRIAL CO., LTD.

Reference is made to the announcement of eForce Holdings Limited (the "Company") dated 7 July 2019 and the circular of the Company dated 18 September 2019 (the

• Circular") in relation to, among other things, the acquisition of the entire equity interest in Shenzhen Qianhai Citic Huateng Industrial Co., Ltd., and the announcement of the Company dated 30 December 2019 (the "Announcement") in relation to the extension of the Long Stop Date. Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the Circular.

FURTHER EXTENSION OF LONG STOP DATE

Pursuant to the Acquisition Agreement (as amended by the extension letter dated 30 December 2019), Completion is conditional upon the fulfillment or waiver (as the case maybe) of conditions precedent to the Acquisition Agreement at or before 12:00 p.m. on 29 February 2020 (the "Long Stop Date") (or such later date as the Purchaser and the Vendor may agree in writing). As additional time is required for the fulfillment of certain conditions precedent to the Acquisition Agreement, on 19 February 2020, the parties to the Acquisition Agreement entered into an extension letter to further extend the Long Stop Date to 31 March 2020 (or such later date as the Purchaser and the Vendor may agree in writing).

• For identification purpose only

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Save and except for the aforesaid extension of the Long Stop Date, all other terms and conditions of the Acquisition Agreement shall remain unchanged and continue to remain in full force and effect.

By order of the Board

eForce Holdings Limited

Liu Liyang

Executive Director and Chief Executive Officer

Hong Kong, 19 February 2020

As at the date of this announcement, the Board comprises four executive Directors, namely Mr. Leung Chung Shan, Mr. Tam Lup Wai, Franky, Mr. Liu Liyang and Mr. Chan Tat Ming, Thomas; one non-executive Director, namely, Mr. Lim Kim Chai, J.P.; and three independent non-executive Directors, namely Mr. Hau Chi Kit, Mr. Leung Chi Hung and Mr. Li Hon Kuen.

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