Sino Energy International : UPDATE ON LEGAL PROCEEDINGS

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.

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1096)

UPDATE ON LEGAL PROCEEDINGS

Reference is made to the announcements of Sino Energy International Holdings Group Limited (the "Company") dated 23 July 2019, 14 August 2019, 11 September 2019, 9 October 2019 and 4 December 2019 and 8 January 2020 in relation to, among other things, legal proceedings. Capitalised terms used in this announcement shall adopt the same meanings as defined in the Company's announcement dated 23 July 2019, unless the context requires otherwise.

In view of public health consideration, the Judiciary of Hong Kong has announced that all hearings of Courts/Tribunals originally scheduled from 3 February 2020 to 9 February 2020, which includes the hearing of the Petition scheduled for 5 February 2020, will be adjourned to a date to be fixed. Further announcement will be made as and when appropriate.

Shareholders and potential investors should accordingly exercise caution when dealing in the securities of the Company.

By order of the board of

Sino Energy International Holdings Group Limited

Chen Jianbao

Chairman

Hong Kong, 5 February 2020

As at the date of this announcement, the executive Directors are Mr. Chen Jianbao, Ms. Cai Xiuman, Mr. Zhang Wenbin, Mr. Wang Qingshan and Mr. Zhu Tianxiang; and the independent non-executive Directors are Mr. Chen Jinzhong, Roy, Mr. Wang Xianzhang and Mr. Chai Chung Wai.