China Conch Venture : CHANGE OF VENUE OF THE ANNUAL GENERAL MEETING TO BE HELD ON 24 JUNE 2022

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.

China Conch Venture Holdings Limited

中 國 海 螺 創 業 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 586)

CHANGE OF VENUE OF THE ANNUAL GENERAL MEETING

TO BE HELD ON 24 JUNE 2022

References are made to the circular (the ''Circular'') and notice of annual general meeting (the ''Notice'') of China Conch Venture Holdings Limited (the ''Company'') both dated 27 April 2022 and the accompanying form of proxy (the ''Proxy Form'') in relation to the annual general meeting of the Company (the ''AGM'') which was initially scheduled to be held at First Meeting Room, 2/F, Office Building of Conch Venture Environmental Protection Technology (Shanghai) Co., Ltd.* (海螺創業環保科技(上海)有限公司), No. 18, Lane 928, Yumin South Road, Jiading District, Shanghai, the People's Republic of China on Friday, 24 June 2022 at 10:00 a.m. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Circular.

Due to the uncertainty of the COVID-19 pandemic situation in Shanghai, the PRC and the pandemic controlling measures which are or may be implemented, the Board hereby announces that the venue of the AGM will be changed to Conference Room 582, Conch

International Conference Center, No. 1011 Jiuhua South Road, Yijiang District, Wuhu City, Anhui Province, the People's Republic of China.

Save for the change of venue of the AGM, all the information set out in the Circular, the Notice and the Proxy Form, including, among others, the date and the time of the AGM, the book closure period for the register of members and the resolutions to be considered at the AGM, remains unchanged. The Proxy Form remains valid for the AGM and the Shareholders are not required to re-submit the Proxy Form if they have already done so.

The Company reminds all Shareholders that physical attendance in person at the AGM is not necessary for the purpose of exercising voting rights. Shareholders may exercise their right to vote at the AGM by appointing the chairman of the AGM as their proxy to vote on the relevant resolutions at the AGM instead of attending the AGM in person, by completing and returning the Proxy Form in accordance with the instructions printed thereon.

Should any Shareholders or their proxies choose to attend the AGM in person, they must comply with the policies and requirements of Anhui Province regarding the containment of the COVID-19 pandemic as updated from time to time. Attendees who do not comply with the pandemic prevention policies and requirements may be denied entry to the AGM venue, at the absolute discretion of the Company as permitted by law.

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Due to the constantly evolving COVID-19 pandemic situation, the Company may be required to change the AGM arrangements at short notice. Shareholders should check the websites of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and the Company (www.conchventure.com) for further announcements and updates on the AGM arrangements.

Shareholders who intend to attend the AGM in person are advised to pay attention to the above-mentioned change of venue.

By Order of the Board

China Conch Venture Holdings Limited

CHEN Xingqiang

Joint Company Secretary

Anhui Province, the People's Republic of China

9 June 2022

As at the date of this announcement, the Board comprises Mr. JI Qinying (Chief Executive Officer), Mr. LI Jian and Mr. LI Daming as executive Directors; Mr. GUO Jingbin (Chairman), Mr. SHU Mao and Mr. YU Kaijun as non-executive Directors; and Mr. CHAN Chi On (alias Derek CHAN), Mr. CHAN Kai Wing and Mr. LAU Chi Wah, Alex as independent non-executive Directors.

• English translation or transliteration of Chinese name for identification purpose only

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