China Putian Food : INSIDE INFORMATION - (I) DELAY IN PUBLICATION OF AUDITED ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2020; (II) POSTPONEMENT OF THE BOARD MEETING; AND (III) CONTINUATION OF TRADING SUSPENSION

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CHINA PUTIAN FOOD HOLDING LIMITED

中 國 普 甜 食 品 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 01699)

INSIDE INFORMATION

1. DELAY IN PUBLICATION OF AUDITED ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2020;
2. 1. POSTPONEMENT OF THE BOARD MEETING; AND
   1. CONTINUATION OF TRADING SUSPENSION

This announcement is made by China Putian Food Holding Limited (the ''Company'', together with its subsidiaries, the ''Group'') pursuant to Rules 13.09(2) and 13.49(3) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') (the ''Listing Rules'') and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcement of the Company dated 15 April 2021, in relation to the preliminary unaudited annual results announcement of the Group for the year ended 31 December 2020 (the ''2020 Preliminary Results Announcement''). Capitalised terms used herein, unless otherwise defined, shall have the same meanings as those defined in the 2020 Preliminary Results Announcement.

DELAY IN PUBLICATION OF AUDITED ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2020

As stated in the 2020 Preliminary Results Announcement, the annual results for the year ended 31 December 2020 contained therein was not then yet agreed by the Company's auditor, HLB Hodgson Impey Cheng Limited (''HLB'') as required under Rule 13.49(2) of the Listing Rules.

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The Board hereby provides an update to the shareholders and potential investors of the Company that, having considered the latest development and progress of the audit process, additional time is required for the completion of the audit process for the audited annual results announcement of the Group for the year ended 31 December 2020 (the ''2020 Annual Results''). Hence, it is expected that, subject to no unforeseen circumstances and assuming that the audit procedure will be completed on or before 17 May 2021, the 2020 Annual Results will be published on or before 17 May 2021. Due to the delay in the publication of the 2020 Annual Results, it is expected that, subject to no unforeseen circumstances, the annual report of the Group for the year ended 31 December 2020 will be despatched on or before 28 May 2021.

POSTPONEMENT OF THE BOARD MEETING

Due to the aforesaid delay in the publication of the 2020 Annual Results, it is expected that, subject to no unforeseen circumstances, the Board Meeting will be held on or before 17 May 2021.

CONTINUATION OF TRADING SUSPENSION

At the request of the Company, trading in the shares of the Company on the Stock Exchange has been suspended since 1 April 2021 and will continue to remain suspended until the publication of the 2020 Annual Results. Further announcement will be made by the Company in this respect as and when appropriate.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

China Putian Food Holding Limited

CAI Chenyang

Chairman

Hong Kong, 6 May 2021

As at the date of this announcement, the Board comprises Mr. CAI Chenyang, Mr. CAI Haifang and Ms. MA Yilin as executive Directors, Mr. CHENG Lian and Mr. CAI Zhiwei as non-executive Directors and Mr. XUE Chaochao, Mr. CAI Zirong and Mr. WANG Aiguo as independent non-executive Directors.

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