CT Environmental : INSIDE INFORMATION REVIEW REQUEST OF THE DECISION OF THE LISTING COMMITTEE FOR CANCELLATION OF LISTING

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.

CT ENVIRONMENTAL GROUP LIMITED

中 滔 環 保 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1363)

INSIDE INFORMATION

REVIEW REQUEST OF THE DECISION OF THE LISTING

COMMITTEE FOR CANCELLATION OF LISTING

This announcement is made by the board of directors (the "Board" or the "Directors") of CT Environmental Group Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rules 13.09(2)(a) and 13.24A of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

Reference is made to the announcement dated 11 May 2021 in relation to the Delisting Decision. Unless otherwise stated, capitalised term used in this announcement shall have the same meaning as those defined in the relevant announcement.

1

REVIEW REQUEST ON THE DECISION OF THE LISTING COMMITTEE FOR CANCELLATION OF LISTING

On 7 May 2021, the Company received a letter from the Stock Exchange stating that the Listing Committee of the Stock Exchange had considered the Company's case and decided to cancel the listing of the Shares under Rule 6.01A (the "Delisting Decision").

The Company has made a request to the Secretary of the Listing Review Committee on 14 May 2021 that the Delisting Decision be referred to the Listing Review Committee for a review under Chapter 2B of the Listing Rules ("Review Request"). Should there be any material development(s) in the Review Request, further announcement(s) will be made by the Company in accordance with the requirements of the Listing Rules as and when appropriate.

CONTINUED SUSPENSION OF TRADING

At the request of the Company, trading in the Shares on the Stock Exchange has been suspended with effect from 9:00 a.m. on 1 April 2019. Trading in the Shares will remain suspended until further notice.

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

By Order of the Board

CT Environmental Group Limited

Lu Zhiji

Chairman and Executive Director

Hong Kong, 14 May 2021

As at the date of this announcement, the executive directors of the Company are Mr. Lu Zhiji (Chairman), Mr. Cheung Siu Fai, Mr. Wu Changbiao and Mr. Chung Yuk Lun; and the independent non-executive directors of the Company are Mr. Fong Wai Ho, Ms. Lai Pik Chi Peggy and Mr. Wang Zhigao.

2